How have recent market trends impacted the performance of GOEV stocks?

The recent market trends have had a significant impact on the performance of GOEV stocks, as evidenced by the following analysis:

1. Negative P/E Ratio: The P/E ratio of -0.68 indicates that Canoo (GOEV) is currently generating losses, which is a concerning trend for investors.

2. Revenue Growth Concerns: The lack of year-on-year revenue growth data for Canoo suggests potential challenges in revenue generation, which could be a contributing factor to its stock performance.

3. Market Volatility: The high trading volume of 11.76 million shares, combined with a recent pre-market decline of 4.52% and an overall score of 62, indicates significant market interest and volatility in GOEV stocks.

4. Stock Performance Analysis: Despite a recent 5.07% increase, the stock's overall performance has been mixed, with a monthly rise of 57.89% contrasted by a low of $1 during the same period.

In conclusion, while GOEV stocks have shown some positive movement recently, the negative P/E ratio and concerns about revenue growth suggest caution for investors. The high market interest and volatility indicate a need for careful consideration of market trends and company fundamentals before making investment decisions.