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RIDE News and Press, Lordstown Motors Corp. From 05/09/22

Stock Information

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

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RIDE - Lordstown Motors falls sharply with spotlight on potential cash crunch

Lordstown Motors Corp. (NASDAQ:RIDE -9.7%) slides after the electric vehicle maker reported earnings and disclosed that some planned deliveries will not happen until 2023. Even more pressing for RIDE investors is the May 18 closing deadline for the deal to sell its Ohio factory to Foxconn or ...

RIDE - Lordstown Motors Q1 GAAP EPS in-line with estimates, net loss narrows

Lordstown Motors (NASDAQ:RIDE): Q1 GAAP EPS of -$0.46 in-line. Q1 total operating expenses $87.9M (-17.3% Y/Y). Q1 net loss $89.6M (vs. loss of $125.2M last year). “We made significant progress toward launching the Endurance during the first quarter, notwithstanding unprecedented suppl...

RIDE - Lordstown Motors Reports First Quarter 2022 Financial Results

Lordstown Motors Reports First Quarter 2022 Financial Results PR Newswire LORDSTOWN, Ohio , May 9, 2022 /PRNewswire/ -- Lordstown Motors Corp. (Nasdaq: RIDE), ("Lordstown Motors" or "LMC"), an original equipment manufacturer (OEM) of electric light du...

RIDE - Rivian, Tesla and Nio lead electric vehicle stocks lower

The electric vehicle sector is setting up for another rough session on Monday with investors anxious over the macroeconomic setup. Rivian Automotive (NASDAQ:RIVN) led the downward charge with a 9.69% decline in premarket action following a report that Ford and another investor could be intere...

RIDE - Lordstown Motors Q1 2022 Earnings Preview

Lordstown Motors (NASDAQ:RIDE) is scheduled to announce Q1 earnings results on Friday, May 6th, after market close. The consensus EPS Estimate is -$0.45 (+37.5% Y/Y)  Over the last 3 months, EPS estimates have seen 2 upward revisions and 1 downward. Revenue estimates have seen 0 upward r...

RIDE - There's Nothing to Like About Lordstown Stock These Days

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Wall Street doesn’t seem to be taking the latest news about Lordstown Motors Corp. (NASDAQ: RIDE ) stock well. Lordstown on Monday announced that it’s pushing back its deal to sell its Ohio factory...

RIDE - Lordstown Motors Exhibiting at ACT Expo May 9-11

Lordstown Motors Exhibiting at ACT Expo May 9-11 PR Newswire LORDSTOWN, Ohio , May 4, 2022 /PRNewswire/ -- Lordstown Motors Corp . (Nasdaq: RIDE), ("Lordstown Motors" or "LMC"), an original equipment manufacturer (OEM) of electric light duty trucks fo...

RIDE - EV Company News For The Month Of April 2022

Global electric car sales March 2022 - Up 60% YoY reaching 15% share. China sales up 118% YoY to 26% share. Europe sales were up 10% YoY to 22% share. EV market news - Biden invokes Defense Production Act to boost EV battery production. Electric car sales soar despite ballooning batte...

RIDE - Why Lordstown Motors Stock Plunged Today

The stock of electric vehicle (EV) hopeful Lordstown Motors (NASDAQ: RIDE) plunged below $2 per share today, and it might still be going lower. Lordstown shares remained down 9% as of 3:08 p.m. ET. The slide came after the company announced it is pushing back the deadline to sig...

RIDE - Negotiations With Foxconn Get Down to the Wire for Lordstown Motors

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Lordstown Motors (NASDAQ: RIDE ) will owe a lot of money to Foxconn Technology , a public company listed in Taiwan. Unless they can finalize a deal, Lordstown could be forced out of business or close to it. Late on F...

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