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EV-Maker Canoo’s Stock Falls On Mixed Q4 Results

The company reported quarterly adjusted losses of $1.73 per share which beat the analyst consensus estimate of losses of $1.77 by 2.26%. Quarterly sales clocked in at $367,000 which missed the analyst consensus estimate of $703,800 by 47.85%. Canoo produced 22 vehicles in 2023 and 17 of those were completed in the fourth quarter.

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Why Westport Fuel Systems Shares Are Trading Lower By Around 10%? Here Are Other Stocks Moving In Tuesday’s Mid-Day Session

Shares of Westport Fuel Systems Inc. (NASDAQ: WPRT) fell sharply during Tuesday’s session after posting a wider-than-expected fourth-quarter loss. Westport Fuel Systems posted a quarter loss of 81 cents per share, compared to market expectations for a loss of 51 cents per share.

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