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RIDE News and Press, Lordstown Motors Corp. From 11/08/22

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Company Name: Lordstown Motors Corp.
Stock Symbol: RIDE
Market: NASDAQ

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RIDE - Electric vehicle buzz: Tesla drops to 2022 low, Lordstown jumps after Foxconn investment, sector-wide volatile trading continues

Lordstown Motors ( NASDAQ: RIDE ) was the biggest gainer in the electric vehicle sector on Tuesday after the electric vehicle maker's broadened partnership with Foxconn generated optimism. Shares were up 12.55% at 10:32 a.m. on Tuesday after being more than 20% higher ea...

RIDE - Why Is Take-Two Interactive (TTWO) Stock Down 11% Today?

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Source: rafapress / Shutterstock.com Take-Two Interactive (NASDAQ: TTWO ) stock is falling on Tuesday following the release of its earnings report for its fiscal second quarter of 2023 . The bad news for the ...

RIDE - Lordstown Motors stock rides higher on Foxconn partnership, production optimism

Lordstown Motors ( NASDAQ: RIDE ) stock drove higher on Tuesday despite a far-wider than expected quarterly loss. A loss of $0.73 for the EV startup in the third quarter more than doubled the expectation of Wall Street, which had set the bar at a loss of just $0.28. ...

RIDE - Lordstown Motors GAAP EPS of -$0.73 misses by $0.45

Lordstown Motors press release ( NASDAQ: RIDE ): Q3 GAAP EPS of -$0.73 misses by $0.45 . Adjusted operating loss excluding the above items of $33.8 million, 33% lower than adjusted operating loss in 2Q22 on the first full quarter without plant operating costs and other...

RIDE - Lordstown Motors Reports Third Quarter 2022 Financial Results

LORDSTOWN, Ohio, Nov. 08, 2022 (GLOBE NEWSWIRE) -- Lordstown Motors Corp. (Nasdaq: RIDE), (“Lordstown Motors” or “LMC”), an original equipment manufacturer (“OEM”) of electric light duty vehicles focused on the commercial fleet market, today release...

RIDE - Lordstown and Foxconn broaden partnership with new investment, board deal

Lordstown Motors ( NASDAQ: RIDE ) disclosed that Foxconn invested $170M in the electric vehicle maker and will have board representation with two designees. Lordstown Motors ( RIDE ) plans to use the proceeds from the sale of common stock to Foxconn ( OTCPK:FXCOF ...

RIDE - Foxconn to invest up to $170M in Lordstown Motors

Taiwanese electronics manufacturing giant Foxconn ( OTCPK:HNHAF ) ( OTCPK:HNHPF ) will invest up to $170M in U.S. electric vehicle maker Lordstown Motors ( NASDAQ: RIDE ), the two firms said on Monday. Lordstown Motors ( RIDE ) stock had gained 5.4% to ...

RIDE - Lordstown Motors and Foxconn Broaden Strategic Partnership

Foxconn to invest up to $170 million in Lordstown Motors Announce plans to pursue first joint EV program LORDSTOWN, Ohio, Nov. 07, 2022 (GLOBE NEWSWIRE) -- Lordstown Motors Corp. (“Lordstown Motors” or “LMC”) (Nasdaq: RIDE), an original equipment ...

RIDE - Lordstown Motors Q3 2022 Earnings Preview

Lordstown Motors ( NASDAQ: RIDE ) is scheduled to announce Q3 earnings results on Monday, November 7th, after market close. The consensus EPS Estimate is -$0.31 (+42.6% Y/Y) and the consensus Revenue Estimate is $0M Over the last 3 months, EPS estimates have seen 1 u...

RIDE - EV Company News For The Month Of October 2022

Summary Global electric car sales Sept. 2022 >1m, up 51% YoY to 17% share. China sales up 78% YoY to 35% share. Europe up 7% YoY to 24% share. US ~6% share. EV market news - DoE awards $2.8B of grants to supercharge U.S. manufacturing of batteries for EVs/grid. EU signs provisi...

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