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Tesla (NASDAQ: TSLA) and other EV stocks are ending the week on a high note. Tesla shares were moving higher by 3.3% as of 2:10 p.m. ET. Start-ups Nikola (NASDAQ: NKLA) and Lordstown Motors (NASDAQ: RIDE) spiked as much as almost 10% early Friday. Those shares were s...
Stocks of emerging EV companies had a good start in market trading today. Battery company QuantumScape (NYSE: QS) , heavy truck maker Nikola (NASDAQ: NKLA) , and pickup truck hopeful Lordstown Motors (NASDAQ: RIDE) popped as much as 7.2%, 6%, and 11%, respectively, i...
The Inflation Reduction Act officially passed the Senate yesterday, causing a bounce in alternative energy stocks today . After Sen. Joe Manchin and Sen. Chuck Schumer reached a deal a couple of weeks ago, some holdouts and sticking points were cleared yesterday. Now, the bill goes to t...
After picking up speed last month, Lordstown Motors (NASDAQ: RIDE) stock accelerated its way into August and rallied a whopping 31.6% at its highest point in trading during the first week, according to data provided by S&P Global Market Intelligence . The embattled elect...
As the EV race heats up, EV startups that went public in the past year have average one-year returns of -56%, showing the need for "brand equity." EV startups are in trouble as sales have been minimal, venture money has dried up, and share prices have plummeted. Tesla is facing li...
Shares of electric vehicle start-up Lordstown Motors (NASDAQ: RIDE) jumped as much as 27.3% in trading early on Thursday after the company reported second-quarter earnings. Shares gave back most of those gains by late morning and are only up 2% at 3:15 p.m. ET. Management re...
July was a good month for the stock market in general, with the S&P 500 index jumping over 9%. But some electric vehicle (EV) stocks significantly outpaced that gain. Shares of sector leader Tesla (NASDAQ: TSLA) jumped 32.4% during the month, while the stocks of start-ups ...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Electric vehicle manufacturer Lordstown Motors (NASDAQ: RIDE ) – which specializes in light-duty vehicles aimed at the commercial fleet market — reported its first quarterly profit , according to Reute...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Environment consciousness, governmental policy support, and improved charging infrastructure are among the factors that contributed to the strong uptake of electric vehicles (EVs) in recent years. More and more countries ha...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Today’s traders are evidently feeling optimistic about electric vehicle (EV) companies Fisker (NYSE: FSR ), Nikola (NASDAQ: NKLA ) and Lordstown Motors (NASDAQ: RIDE ). Indeed, EV stocks are general...
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2023-07-06 05:30:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
Lordstown Receives Approval of First Day Motions PR Newswire Enables uninterrupted continuation of business operations and commitments to stakeholders LORDSTOWN, Ohio , June 28, 2023 /PRNewswire/ -- Lordstown Motors Corp. (Nasdaq: RIDE), (" Lordstown ...