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The market has shrugged off any worries about inflation or an economic slowdown today. The S&P 500 is up 2.6% as of this writing and the Nasdaq Composite is up 2.9%. Not surprisingly, highly volatile renewable energy stocks have been rising with them. Sunrun (NASDA...
Summary Global electric car sales August 2022 - Up 60% YoY to 15% share. China sales up 92% YoY to 30% share. Europe up 3% YoY to 21% share. US ~6% share. EV market news - BloombergNEF: More than half of US car sales will be electric by 2030. IEA: Global "EVs to account for 60% of...
Shares of Lordstown Motors (NASDAQ: RIDE) got a boost last week on some welcome news, but the stock has now given back those gains and more. Today, Lordstown shares were lower by 7.2% as of 3:28 p.m. ET. Lordstown has been struggling to conserve cash and get its production off t...
Lordstown Motors (NASDAQ: RIDE) disclosed that it has started the commercial production of the Endurance, an electric pickup truck intended for commercial-fleet use. The automaker’s shares fell below USD2 per share during early morning trading Thursday. ...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Source: Postmodern Studio / Shutterstock.com Lordstown Motors (NASDAQ: RIDE ) stock is sliding lower on Thursday even after announcing commercial production of its Endurance pickup truck. Production of the ele...
Markets are in "risk-off" mode again today with shares of companies in more speculative sectors like electric vehicles (EVs) taking some of the hardest hits. Shares of EV charging network company ChargePoint Holdings (NYSE: CHPT) , for example, were down 5.2% as of 12:05 p.m. ET. Th...
Lordstown Motors Corp. ( NASDAQ: RIDE ) announced that it has started commercial production of its Endurance full-size pickup truck at the Foxconn EV Ohio plant. The electric vehicle seller said production volume will ramp slowly as a result of supply chain constraints,...
Lordstown Motors Begins Commercial Production of Endurance™ Pickup Truck PR Newswire LORDSTOWN, Ohio , Sept. 29, 2022 /PRNewswire/ -- Lordstown Motors Corp. (Nasdaq: RIDE), ("Lordstown Motors" or the "Company"), an original equipment manufacturer (...
Shares of electric vehicle manufacturer Lordstown Motors (NASDAQ: RIDE) jumped as much as 12.1% in trading on Wednesday after the company confirmed it's producing commercial vehicles. Shares closed the day within two cents of their high for the day. Yesterday, a spokesperson for...
As the race to complete electrification speeds up, U.S. authorities have become increasingly uncomfortable with America’s reliance on foreign nations in the nascent EV sector. Although American company Tesla was and still is the most dominant entity in the global EV market, a signific...
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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 ...