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Why EV Stocks Got Crushed This Week


Electric vehicle stocks had a rough week as investors started to rethink the recent bullishness about the industry.

According to data provided by S&P Global Market Intelligence, shares of Canoo (NASDAQ: GOEV) have dropped 21.7% from the close of trading last Friday to 11:30 a.m. ET today, Fisker (NYSE: FSR) is down 11.6% in that time, and Lucid (NASDAQ: LCID) is off 15%.

Image source: Getty Images.

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Source Fool.com

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