Canoo's Oklahoma Facility Awarded Foreign Trade Zone Status Sparks Stock Surge
Monday, 18 March 2024, 14:54
Canoo's Oklahoma Facility Awarded Foreign Trade Zone Status
Canoo shares soared by 59.2% following the U.S. Department of Commerce's approval of the company's Oklahoma manufacturing facility as a Foreign Trade Zone. This designation provides cost-saving benefits on a global scale, paving the way for enhanced trade efficiencies and competitiveness.
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