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 has orders for the first two years of production of its electric pickup truck and those are "firm" and "binding," the startup's president said on Tuesday.

Lordstown has 'binding orders' for first two years of truck production - president

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Lordstown's (RIDE) shares tumbled 18.8% yesterday on the news of the departure of its key executives.

Lordstown (RIDE) in Choppy Waters After CEO & CFO Quit, Shares Slide

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Lordstown Motors Corp (NASDAQ: RIDE) shares dropped another 16.2% on Monday after the company announced its CEO and CFO are resigning from their positions effective immediately. What Happened?

Lordstown Motors Analyst On CEO Departure: 'Interim C-Suite Team Appears To Be An Upgrade'

The shares of Lordstown Motors Corp (NASDAQ: RIDE) have received a price target decrease from $9 to $3 by R.F. Lafferty. These are the details.

RIDE Stock Price: $3 Target By R.F. Lafferty

Benzinga's PreMarket Prep airs every morning from 8-9 a.m. ET. During that fast-paced, highly informative hour, traders and investors tune in to get the major news of the day, the catalysts behind those moves and the corresponding price action for the upcoming session.

PreMarket Prep Stock Of The Day: Lordstown Motors

Lordstown Motors Corp (NASDAQ: RIDE) tanked about 20% in the stock market on Monday morning as both its CEO and CFO announced resignations, effective immediately. Chief executive Steve Burn also stepped down from the company's Board of Directors.

Here's why Lordstown Motors stock tanked 20% on Monday morning

Lordstown Motors on Monday announced the sudden departure of its chief executive and finance head, just days after the electric truck maker warned that it may not have enough money to stay in business over the next year, sending shares down more than 20 percent. The resignations of founder and Chief Executive Steve Burns and Chief.

Pair of top execs at electric truck maker Lordstown Motors suddenly exit

Lordstown Motors Corp. shares tank more than 20% after the electric-truck maker says its two top executives, including its founder, have resigned.

Lordstown stock plunges over 20% after CEO and CFO resign

Lordstown Motors (RIDE) stock is falling hard on Monday after the company announced major changes to its leadership team. The post RIDE Stock: The Huge C-Suite News That Has Lordstown Motors Crashing Today appeared first on InvestorPlace.

RIDE Stock: The Huge C-Suite News That Has Lordstown Motors Crashing Today

The top two executives at Lordstown Motors Corp. (NASDAQ: RIDE) are out following an internal investigation that found some truth to short seller Hindenburg Research's allegations of phony preorders for the company's planned commercial electric pickup trucks. The departures of founder CEO Steve Burn and Chief Financial Officer Julio Rodriguez followed last week's “going concern” filing with the Securities and Exchange Commission that the startup may not survive the year without additional money to produce the trucks.

Top Lordstown Motors executives out as SPAC-backed startup teeters

Short-seller Hindenburg Research strikes again.

Lordstown Motors' CEO and CFO Resign After Board Concludes Pre-Orders Were Exaggerated

Lordstown Motors Corp. (NASDAQ:RIDE) shares fell Monday after the company said CEO Steve Burns and CFO Julio Rodriguez resigned. The resignations occurred just days after the electric vehicle maker warned it had “substantial doubt” about its ability to continue as a going concern in the next year.

What's Next For Lordstown Motors Stock After CEO And CFO Departures?

Last month the company reported a loss of $125 million in the first quarter. In a June 8 SEC filing, Lordstown stated there was “substantial doubt” about its ability to stay in business.

Lordstown Motors Shares Plummet As Two Top Execs Resign

Last week's going-concern notice was bad. This is worse.

Why Lordstown Motors' Stock Is Sinking Today

Beleaguered electric vehicle startup Lordstown Motors' stock shares have taken another hit after the company said Monday that CEO Steve Burns and CFO Julio Rodriguez have resigned, just a few weeks after Burns was reassuring investors of the company's bright future. Lordstown Motors' Lead Independent Director Angela Strand was appointed executive chairwoman to oversee the […]

Lordstown Motors CEO and CFO resign amidst production woes

The top two executives at Lordstown Motors have resigned as problems at the Ohio electric truck startup continue to mount.

Lordstown Motors' rough road continues; CEO and CFO are out

No one will want to work at Lordstown Motors after news the company inflated numbers. The inevitable lack of talent will result in a lack of progress, and RIDE stock will end up at zero soon enough.

Sell RIDE Stock After Lordstown Motors' CEO and CFO Resign

The stock price of Lordstown Motors Corp (NASDAQ: RIDE) fell by over 19% during intraday trading this morning. These are the details.

RIDE Stock Price Decreases Over 19%: Why It Happened

The Lordstown (NASDAQ: RIDE) stock price crashed by more than 16% after the company announced the sudden departure of the Chief Executive and Chief Finance Officer. The shares are trading at $9.73, bringing the company's total market capitalisation to more than $1.7 billion.

Lordstown stock price forecast after CEO and CFO exit

The shares of Lordstown Motors Corp (NASDAQ:RIDE) are off 15.9% at $9.60 this morning, plummeting after the electric pick-up truck company's CEO Steve Burns and CFO Julia Rodriguez both announced their resignations.

RIDE Rocked by Major C-Suite Overhaul

The news just keeps getting worse for Lordstown Motors. The troubled electric truck maker said Monday that its CEO and chief financial officer were stepping down — just one week after warning that the company could go out of business.

Troubled electric truck maker Lordstown Motors stock plunges after CEO and CFO resign

Lordstown Motors slumped 15% early Monday after two top executives announced their immediate resignation just days after the company said it may run out of cash.  Chief Executive Officer Steve Burns resigned from his position as CEO and board member, and Chief Financial Officer Julio Rodriguez resigned from his post, according to a company press release. Both are effective immediately.

Lordstown Motors slumps 15% on announcement of CEO and CFO resignation

Lordstown Motors lost two key executives — CEO Steve Burns and CFO Julio Rodriguez — who resigned from the company effective immediately, the company said Monday.  The electric vehicle startup didn't give reasons for their resignations.

News for Lordstown Motors Stock (RIDE)