Lordstown (RIDE) Surges After Naming Daniel Ninivaggi as CEO
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Lordstown Motors (RIDE) Extends Gain, Now Up 37%
August 26, 2021 9:58 AM EDTLordstown Motors (NASDAQ: RIDE) Extends Gain, Now Up 37%
Pre-Open Stock Movers 08/26: (RIDE) (WSM) (BBW) Higher; (SLQT) (LCI) (ADSK) Lower (more...)
August 26, 2021 9:27 AM EDTPre-Open Stock Movers:
SelectQuote, Inc. (NYSE: SLQT) 33.6% LOWER; reported Q4 EPS of $0.02, $0.02 worse than the analyst estimate of $0.04. Revenue for the quarter came in at $188.4 million versus the consensus estimate of $184.93 million.
Lordstown Motors Corporation (Nasdaq: RIDE) 22.9% HIGHER; announced today that its Board of Directors has appointed Daniel A. Ninivaggi as CEO and as a member of the Board, effective immediately.
Lordstown Motors new CEO focused on electric truck launch
August 26, 2021 8:58 AM EDTBy Ben Klayman and Subrat Patnaik
(Reuters) -Lordstown Motors Corp's new chief executive said on Thursday his focus will be on making sure the electric vehicle maker successfully rolls out its pickup truck in the face of intense regulatory scrutiny. After that, raising further necessary funds will take care of itself.
The Ohio-based startup appointed Daniel Ninivaggi as CEO, handing over the reins to the former employee of investor Carl Icahn, sending shares up as much as 41%, before they later fell back to a 16.5% gain.
"Job No. 1 is to make sure we stay on track from a... More
Lordstown Motors (RIDE) Extends Gain, Up 20%
August 26, 2021 8:27 AM EDTLordstown Motors (NASDAQ: RIDE) Extends Gain, Up 20%
Earlier Lordstown Motors (RIDE) Appoints Daniel A. Ninivaggi as Chief Executive Officer... MoreLordstown Motors (RIDE) Appoints Daniel A. Ninivaggi as Chief Executive Officer
August 26, 2021 7:00 AM EDTLordstown Motors Corporation (Nasdaq: RIDE), (Lordstown Motors), a leader in electric light-duty trucks focused on the commercial fleet market, announced today that its Board of Directors has appointed Daniel A. Ninivaggi as CEO and as a member of the Board, effective immediately.
Ninivaggi is the former CEO of Icahn Enterprises L.P. (Nasdaq: IEP), a diversified holding company controlled by Carl C. Icahn, and has served in a variety of senior leadership positions in the automotive and transportation industries. He began his automotive career at Lear... More
