Nikola (NKLA) shares plummet following delisting notice
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- Needham Starts NeoVolta (NEOV) at Buy
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
Senate Republicans call for Biden to scrap plans to cut emissions and ramp EV sales
May 25, 2023 1:42 PM EDTA coalition of 27 Senate Republicans spoke out Thursday, calling on the Biden administration to abandon its proposal to significantly reduce vehicle emissions by 2032 and accelerating the adoption of electric vehicle sales.
In a letter led by West Virginia Senator Shelley Moore Capito, lawmakers said the administration plan will "effectively mandate a costly transition to electric cars and trucks in the absence of... More
Lordstown (RIDE) announces reverse stock split amidst dispute with Foxconn
May 23, 2023 10:39 AM EDTShares of electric automaker, Lordstown Motors (NASDAQ: RIDE) slid about 10% in pre-market trading Tuesday after the company announced a 1:15 reverse stock split of its Class A common stock, $0.0001 par value per share. The split will go into effect at 12:01 a.m. Eastern Time on May 24, 2023.
The Reverse Stock Split was approved by the Companys stockholders at its 2023 Annual Meeting of Stockholders, held on May 22, with the final ratio determined by the Companys board of directors.
RIDE hopes the move will improve the marketability and liquidity of... More
Lowe's, AutoZone, Alibaba fall premarket; Yelp, Dick's Sporting Goods rise
May 23, 2023 8:11 AM EDTInvesting.com -- Stocks in focus in premarket trade on Tuesday, May 23rd. Please refresh for updates.
Lowes (NYSE: LOW) stock fell 1.6% after the home improvement chain reported a decline in first quarter sales and lowered its full-year financial outlook, hit by a... More
Lordstown opts for reverse stock split to meet Nasdaq rules, placate Foxconn
May 23, 2023 7:25 AM EDT(Reuters) -Lordstown Motors Corp on Tuesday announced a reverse stock split to meet Nasdaq listing norms and appease investor Foxconn, which has threatened to scrap a crucial $170 million funding for the struggling electric-vehicle maker.
The 1:15 split has been scheduled for May 24, the company said, but added there was no assurance that the Foxconn deal will close.
Lordstown Motors' shares fell 10% in... More
Lordstown Motors (RIDE) To Cut Costs, Preserve Liquidity In Light Of Foxconn - Bloomberg
May 23, 2023 7:22 AM EDTLordstown Motors (RIDE) To Cut Costs, Preserve Liquidity In Light Of Foxconn - Bloomberg
... MoreLordstown Motors (RIDE) Announces 1-for-15 Reverse Stock Split
May 23, 2023 7:15 AM EDTLordstown Motors Corp. (Nasdaq: RIDE), (Lordstown Motors, LMC or the Company), an original equipment manufacturer (OEM) of electric vehicles focused on the commercial fleet market, today announced that it will effect a 1:15 reverse stock split (the Reverse Stock Split) of its Class A common stock, $0.0001 par value per share (the Class A common stock), that will become effective at 12:01 a.m. Eastern Time on May 24, 2023 (the Effective Time). Lordstown Motors Class A common stock will begin trading on a split-adjusted basis on the Nasdaq Global Select Market (Nasdaq), under its existing symbol, RIDE, when the market opens on May 24, 2023. The new CUSIP... More
