REE shares jumped down -9% today. A quick overview:

Shares of REE Automotive Ltd - Class A (REE) are trading -9% lower at a price of $1.36 at the time of this writing. While the company reported an earnings beat today showing less-than-expected losses, the share price is still falling as traders exit positions they held during the run-up.

The embattled automotive company has been trading near the bottom of it's 52 week trading range. It has been trading between a 52-week high of $10.15 and a 52-week low of $1.05. The stock has a market cap of $345 Million.

REE Automotive is an automotive technology leader creating the cornerstone for tomorrow's zero-emission vehicles. REE's mission is to empower global mobility companies to build any size or shape of electric or autonomous vehicle - from class 1 through class 6 - for any application and any target market. Our revolutionary, award-winning REEcorner technology packs traditional vehicle drive components (steering, braking, suspension, powertrain and control) into the arch of the wheel, allowing for the industry's flattest EV platform.