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Worries about an even more hawkish Federal Reserve sent stocks sharply lower on Tuesday, led by a 2.4% drop in the Nasdaq. The S&P 500 declined 1.3%. The decline included a notable retreat in the electric vehicle stock, as less-established names suffered in the wake of an EV partnership b...
Shares of Lordstown Motors (NASDAQ: RIDE) popped 32.7% last month, according to S&P Global Market Intelligence . The electric vehicle start-up posted a disappointing earnings report at the end of February, which caused the stock to drop in the first week of March. However, w...
Electric vehicle stocks largely fell back as investors with risk-on trading dialed back again. The biggest decliners in the electric vehicle sector in Tuesday morning trading were Faraday Future Intelligent Electric (NASDAQ:FFIE -8.7%), GreenPower Motor Company (NASDAQ:GP -9.1%), Helbiz (NASD...
Discussing last week's Q4 and full-year financial results. In 2021, the company recorded a paltry $4.4 million in sales while cash usage reached a record $58.4 million. As of March 31, cash was down to just $7.2 million. The company will likely be required to start selling new common ...
The stocks of three struggling electric vehicle (EV) companies are jumping today. Shares of Workhorse Group (NASDAQ: WKHS) and Lordstown Motors (NASDAQ: RIDE) are down between 60% and 70% in the last 12 months. Those of special purpose EV maker Canoo (NASDAQ: GOEV) h...
Global electric car sales Feb. 2022 - Up 99% YoY reaching 9.3% share. China sales up 176% YoY to 20% share. Europe sales were up 38% YoY to 20% share. EV market news - UK hits new record electric car market share. Germany joins EU ICE ban by 2035. Record high gas prices are driving de...
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 report optimizes tradi...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips A wide range of electric vehicle (EV) stocks are gaining today as the broad recovery in equities continues. Specifically, speculators appear to be seeing a green light on Tuesday. Source: Shutterstock Whether it...
A new report by the motoring company RAC disputes the claims that electric vehicle tires and brakes create more particulates than those of gas cars. The company commissioned battery electrochemist Dr. Euan McTurk to address the negative myths of electric vehicles specifically on emissions ...
Electric vehicle stocks continued to track higher on Thursday as investors slowly warm back up to the growth potential for some of the key players. Nikola (NASDAQ:NKLA) gained 8.97% after the company confirmed that production has begun on its battery-electric commercial truck. "Our impression...
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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 ...