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Why Lordstown Motors Stock Crashed 10% After-Hours Today
Friday, November 12, 2021 - 12:58am | 378Lordstown Motors Corp (NASDAQ: RIDE) tanked in the after-hours trading on Thursday. Riding High, Riding Low: The struggling electric vehicle startup's stock soared nearly 24% to close at $6.89 a share on Thursday but the stock fell over 10% in the after-hours trading. Lordstown shares are down...
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Lordstown Motors Q3 Highlights: Breaking Down Cash Balance, Plant Sale, Production Timeline
Thursday, November 11, 2021 - 5:41pm | 355Automotive company Lordstown Motors (NASDAQ: RIDE) reported its third-quarter financial results after close Thursday and provided a company update on its timeline. What Happened: Lordstown reported a net loss of $95.8 million in the third quarter and no revenue. The company ended the quarter...
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Lordstown Motors Stock Spikes On New CEO: What Investors Should Know
Thursday, August 26, 2021 - 8:57am | 482A former SPAC that has been beaten down from a change in leadership, questions on orders and short reports named a new CEO Thursday morning to help steer the company forward. What Happened: Daniel A. Ninivaggi was named the new CEO and a member of the board of directors of Lordstown Motors...
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Lordstown Shares Shoot Up 5% As EV Maker Strikes Optimism In Q2 Earnings Report: Here's What You Need To Know
Wednesday, August 11, 2021 - 11:36pm | 556Lordstown Motors Corp (NASDAQ: RIDE) shares jumped 5% in the after-hours trading on Wednesday as the electric vehicle startup said it is on track to begin limited production by the end of September and is in talks with multiple partners that could lead to additional capital infusion. What...
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Why Lordstown Motors Shares Are Trading Higher Today
Tuesday, June 15, 2021 - 3:33pm | 200Shares of Lordstown Motors (NASDAQ: RIDE) are trading higher Tuesday after comments from the executive team of what’s next for the company. What Happened: Lordstown announced it has firm orders a week after executives said there were no binding orders and the company was running out of cash...
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Lordstown Motors Shares Fall On Lowered Unit Guidance, Need For Capital
Monday, May 24, 2021 - 5:05pm | 308Electric vehicle company Lordstown Motors Corp (NASDAQ: RIDE), which completed a SPAC deal in 2020, reported first-quarter financial results after market close Monday. What Happened: Lordstown Motors reported a net loss of $125 million in the quarter. The company had $587...