REE Automotive is a development stage technology company in the field of electric mobility. Co. has developed two core innovations which make up the foundation of its products: the "REEcorner", which integrates vehicle components into an area between the chassis and the wheel creating a single module that is controlled via Co.'s proprietary X-by-Wire Control technology which controls each of the corners of the vehicles; and the "REEboard", a fully flat and modular EV chassis that includes the REEcenter control system, the "REEcenter", thermal management, power converter and power module. Co. developed wheel-based suspension technologies for personal mobility. The REE YTD return is shown above.
The YTD Return on the REE YTD return page and across the coverage universe of our site,
is a measure of the total return for a given investment year-to-date for the current calendar year
(up to the end of prior trading session). Arguably, choosing the current calendar year for a measurement
period is on the one hand completely arbitrary, but on the other hand a year-to-date look can be extremely
useful in the context of our country's tax system which taxes gains and income on a calendar year basis.
Thus, researching Year-To-Date Returns is good practice for investors — whether REE YTD return or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's YTD return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the REE YTD return calculation (with any dividends reinvested as applicable), and to provide a
coverage universe of many stocks and ETFs to be able to compare YTD returns.
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