Canoo stock price fundamental analysts note that a

Fundamental analysts note that a price-to-sales ratio under 5 may make Canoo stock price appealing to growth-oriented portfolios despite ongoing cash burn. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points ( see more details here ). Additional information regarding the reverse stock split is available on the Form 8-K filed December 192, 2024, as well as in the Company’s definitive proxy statement filed with the Securities and Exchange Commission on October 8, 2024, a copy of which is available at www.sec.gov and on the Company’s website. For more information, visit www.canoo.com The Canoo stock price bounced from $1.92 support last week, indicating buyers returning as institutional sentiment improves in the U.S. electric vehicle small-cap segment.