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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 ...
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...
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...
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...
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...
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...
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...
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...
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...
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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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 ...