UPDATE: R.F. Lafferty Downgrades Lordstown Motors (RIDE) to Sell (correction)
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Lordstown Motors (RIDE) PT Lowered to $2 at Deutsche Bank
May 10, 2022 7:01 AM EDTDeutsche Bank analyst Emmanuel Rosner lowered the price target on Lordstown Motors (NASDAQ: RIDE) to $2.00 (from $3.00) while maintaining a Hold rating.... More
Lordstown Motors signals need for more capital to boost production, shares drop
May 9, 2022 11:10 AM EDT(Reuters) - Electric vehicle startup Lordstown Motors Corp said on Monday it needed $150 million in addition to the proceeds from its sale of assets to Taiwanese contract manufacturer Foxconn to put its Endurance pickup truck into the hands of customers.
The company's stock, which is down over 12%, is set for its worst day in over two months.
... MoreLordstown Motors (RIDE) Stock Plunges 15% Despite Cash Burn Beat, Analyst Remains Bearish
May 9, 2022 9:31 AM EDTShares of Lordstown Motors (NASDAQ: RIDE) are down about 15% in pre-market Monday after the company reported Q1 results.
Lordstown reported a loss per share for the first quarter of 46c, which compares to the consensus of 45c. A year ago, RIDE... More
Lordstown Motors (RIDE) Reports In-Line Q1 EPS
May 9, 2022 7:45 AM EDTLordstown Motors (NASDAQ: RIDE) reported Q1 EPS of ($0.46), in-line with the analyst estimate of ($0.46).
For earnings history and earnings-related data on Lordstown Motors (RIDE) click here.
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