Why Electrameccanica Vehicles Stock Fell 19.8% in February

Shares of Electrameccanica Vehicles (NASDAQ: SOLO) slumped 19.8% in February, according to data from S&P Global Market Intelligence. Growth-dependent tech stocks posted incredible performance for much of the first year following the coronavirus crisis, but it looks as if investors may be shifting to safer alternatives. Electrameccanica stock is still up roughly 179% over the last year despite the recent pullback, and it seems more volatility could be on the way.