Canoo shares fall after fourth quarter loss reported

A Canoo Lifestyles vehicle is shown in this May 20, 2022 file photo at the Canoo car manufacturing plant in Bentonville. (NWA Democrat-Gazette/Charlie Kaijo)
A Canoo Lifestyles vehicle is shown in this May 20, 2022 file photo at the Canoo car manufacturing plant in Bentonville. (NWA Democrat-Gazette/Charlie Kaijo)

Shares of electric vehicle maker Canoo tumbled more than 25% in trading Tuesday after the company reported a fourth quarter loss and said it would be cautious as it began to bring its vehicles to market.

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