NASDAQ:RIDE
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Lordstown Motors Stock News

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At Close: Oct 05, 2023
Yahoo Finance Live anchors Julie Hyman, Brad Smith and Brian Sozzi discuss consumer discretionary stocks, Rivian stock dropping and Lordstown Motors' $90 million loss.
Lordstown hopes to start production of its electric truck this fall, but even if a lifeline deal with Foxconn closes next week, it'll need more cash.

Why Lordstown Motors Shares Are Sliding Today

10:10am, Monday, 09'th May 2022
Lordstown Motors Corp (NASDAQ: RIDE) reported a first-quarter FY22 loss per share of $(0.46), in line with the consensus of $(0.46) and against a loss of $(0.72) last year. The total operating expen
Lordstown Motors said in a filing with the SEC that it has not yet closed a $230 million deal with Foxconn ahead of a May 14 deadline that would allow it to remain a going concern.
Cash burn in the quarter came in at about $91 million, while analysts were projecting a use of about $140 million.
Cash burn in the quarter came in at about $91 million, while analysts were projecting a use of about $140 million.
The first-quarter reporting season is well and truly underway. Data from Factset show that about  87% of S&P 500 companies have reported their quarterly results, with 79% reporting positive earning
Lordstown is dipping further into penny stock territory as it extends a deadline to sell off its Ohio plant. There's no profit in RIDE stock.
Federal Reserve Chair Jerome Powell announced a half-point interest rate hike Wednesday afternoon to a new rate in a range of 0.75% to 1.00%.

Lordstown Motors Soon Will Be Penny Stock

07:30am, Tuesday, 03'rd May 2022
Lordstown Motors faces an increasingly difficult future. Currently trading at $2.06 a share, down from a 52-week high of $15.80, it could soon become a penny stock.

Why Lordstown Motors Stock Plunged Today

03:47pm, Monday, 02'nd May 2022
Lordstown missed the deadline for an asset sale agreement with Foxconn, and its business is riding on it.
RIDE stock is highly speculative as the closing a deal was extended to May 9 but the odds show that there is only a 4% potential upside. The post Negotiations With Foxconn Get Down to the Wire for Lor
LORDSTOWN, Ohio , April 29, 2022 /PRNewswire/ -- Lordstown Motors Corp. (Nasdaq: RIDE) ("Lordstown Motors"), a developer of electric light-duty trucks focused on the commercial fleet market, today ann
Once a promising EV player, RIDE stock has been deeply embattled due to severe missteps. Don't expect much to change.
Cook's Kitchen invites EV investor Brian Bolan to discuss the unique opportunities in the revolution that Elon sparked.
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