Lordstown Motors

Lordstown Motors Corp. is an automotive company, which engages in the design and manufacture of light duty electric trucks targeted for sale to fleet customers. The firm develops its flagship vehicle, the Endurance, an electric full-size pickup truck. The company was founded by Stephen S. Burns on November 13, 2018 and is headquartered in Lordstown, OH.

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Nu Ride, Inc. is an automotive company, which engages in the design and manufacture of light duty electric trucks targeted for sale to fleet customers. The firm develops its flagship vehicle, the Endurance, an electric full-size pickup truck. The company was founded on November 13, 2018 and is headquartered in New York, NY.

Lordstown Motors Corp.'s (RIDE) CEO Daniel Ninivaggi on Q3 2021 Results - Earnings Call Transcript

The blue-chip index sank to session lows at the close, -0.44%, and back below 36K once again.

Markets Mixed, Dow Down 3 Straight Days; RIDE Reports Q3

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Microsoft, Affirm Holdings, Marqeta and Lordstown Motors were our top stock trades. Now, let's look at the charts going into Friday.

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Commercial production and deliveries of Lordstown Motors' all-electric pickup called the Endurance is once again being pushed back, the company said Thursday.

Lordstown Motors delays Endurance EV pickup production due to supplier issues, shares fall

Shares of Lordstown Motors Corp. traded lower in the extended session Thursday after the electric-vehicle maker reported a narrower quarterly loss and said production of its Endurance electric pickup truck will begin in earnest a little later than it had planned.

Earnings Results: Lordstown posts narrower loss, pushes pickup production to later in 2022

Automotive company Lordstown Motors (NASDAQ: RIDE) reported its third-quarter financial results after close Thursday and provided a company update on its timeline. What Happened: Lordstown reported a net loss of $95.8 million in the third quarter and no revenue.

Lordstown Motors Q3 Highlights: Breaking Down Cash Balance, Plant Sale, Production Timeline

Lordstown Motors Corp on Thursday delayed next year's launch of its Endurance electric pickup truck by a quarter, citing parts and materials shortages and other supply-chain issues.

Lordstown delays launch of electric pickup by a quarter, citing supply-chain issues

LORDSTOWN, Ohio, Nov. 11, 2021 (GLOBE NEWSWIRE) -- Lordstown Motors Corp. (Nasdaq: RIDE), (“Lordstown Motors” or “LMC”), a provider of electric light duty trucks focused on the commercial fleet market, today released its third quarter 2021 financial results, and provided a business and financial outlook update.

Lordstown Motors Reports Third Quarter 2021 Financial Results

News of the automaker's agreement with Foxconn drove optimism higher.

Why Lordstown Motors Stock Jumped Today

Lordstown Motors Corp. (NASDAQ:RIDE) shares are trading higher Thursday after the company and Foxconn announced a definitive asset purchase agreement for the Lordstown Motors facility in Lordstown, Ohio. The company will sell the facility to Foxconn.

What's Going On With Lordstown Motors Stock Today?

Lordstown Motors Corp (NASDAQ: RIDE) is trading higher Thursday after the company, and Foxconn, announced they have entered into a definitive Asset Purchase Agreement regarding Lordstown Motors' facility in Lordstown, Ohio. Lordstown Motors has agreed to sell to Foxconn the Lordstown facility, excluding certain assets such as the hub motor assembly line and battery module and pack lines, for $230 million.

Why Lordstown Motors Shares Are Trading Higher Today

Lordstown Motors Corp (NASDAQ:RIDE) is surging today, up 10.8% to trade at $6.69 at last check, as Rivian's (RIVN) pop after its initial public offering (IPO) gives the electric vehicle segment a leg up.

Electric Vehicle Stock Soars Ahead of Earnings

RIDE stock is rallying this morning after hard-hit Lordstown Motors received a $230 million lifeline. Here's what you should know.

RIDE Stock: The $230M Reason Lordstown Motors Is Racing Higher Today

The stock price of Lordstown Motors Corp (NASDAQ: RIDE) increased by over 10% pre-market today. This is why it happened.

Lordstown Motors (RIDE) Stock: Why The Price Jumped

Electric light-duty truck manufacturer Lordstown Motors has officially sold its 6.2-million-square-foot Lordstown, Ohio factory to Foxconn, the Taiwanese hardware manufacturing company best known for making Apple's iPhone. The $230 million deal is expected to close by the end of April next year, according to a statement from Lordstown.

Foxconn buys Lordstown Motors' Ohio factory for $230M, plans to help produce Endurance electric pickup

Shares of Lordstown rose more than 12% after hours on the news.

Foxconn buys Lordstown Motors' old GM factory for $230 million

Lordstown Motors Corp said on Wednesday that Taiwan's Foxconn has bought stock worth $50 million from the U.S. electric vehicle maker, finalizing an equity investment announced in September.

Foxconn finalizes $50 million stock deal with Lordstown Motors

Shares of Lordstown Motors Corp. RIDE, -2.28% rallied more than 10% in the extended session Wednesday after the electric-vehicle maker cemented a deal to sell its plant to Foxconn for $230 million, providing Lordstown with much needed cash and giving the Taiwanese electronics contract maker a toehold in commercial EVs.

Lordstown stock rallies 10% after EV maker and Foxconn seal deal to sell Ohio plant, develop new vehicles

Lordstown Motors Corp (NASDAQ: RIDE) is trading higher in Wednesday's after-hours session after the company, and Foxconn, announced they have entered into a definitive Asset Purchase Agreement regarding Lordstown Motors' facility in Lordstown, Ohio. Lordstown Motors has agreed to sell to Foxconn the Lordstown facility, excluding certain assets such as the hub motor assembly line and battery module and pack lines, for $230 million.

Why Lordstown Motors Stock Is Surging In After-Hours Trading

LORDSTOWN, Ohio and TAIPEI, Taiwan, Nov. 10, 2021 (GLOBE NEWSWIRE) -- Lordstown Motors Corp. (“Lordstown Motors” or “LMC”) (Nasdaq: RIDE), a provider of electric light-duty trucks focused on the commercial fleet market, and Hon Hai Technology Group (“Foxconn”) (TWSE: 2317), one of the largest electronics manufacturers in the world, today announced that they have entered into a definitive Asset Purchase Agreement regarding LMC's facility in Lordstown, Ohio.

Foxconn and Lordstown Motors Enter Into a Transformative, Strategic Partnership

Lordstown Motors appointed new executives, including a Chief Commercial Officer, on Wednesday, as the electric-vehicle startup ramps up efforts to bring its first pickup truck to the market.

Lordstown appoints Chief Commercial Officer, other executives in management rejig

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Lordstown Motors RIDE, -3.40% announced new executive leadership on Wednesday, as it continues to move past a summer scandal when parts of the company's disclosures about preorders for its trucks were found to be inaccurate. The company said it has named Edward T.

Lordstown Motors announces new executive leadership as it continues to move back inaccurate orders issue

LORDSTOWN, Ohio, Nov. 10, 2021 (GLOBE NEWSWIRE) -- Lordstown Motors (Nasdaq: RIDE) announced today several executive appointments designed to focus company resources on its key near-term objectives: bringing the Endurance pickup truck to market, developing its strategic partnership with Hon Hai Precision Industries (Foxconn) and strengthening its engineering capabilities for future vehicle development.

Lordstown Motors Announces New Executive Organization

LORDSTOWN, Ohio, Oct. 28, 2021 (GLOBE NEWSWIRE) -- Lordstown Motors Corp. (Nasdaq: RIDE), (“Lordstown Motors”), a leader in electric light duty trucks focused on the commercial fleet market, today announced that it will release its third quarter 2021 financial results after market close on November 11, 2021. The company will then host a conference call at 4:30 p.m. Eastern Time.

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