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Lordstown Motors Corp. (RIDE)

NasdaqGS - NasdaqGS Real-time price. Currency in USD
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9.29-2.12 (-18.58%)
As of 11:41AM EDT. Market open.
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Trade prices are not sourced from all markets
Previous close11.41
Open9.39
Bid9.18 x 1200
Ask9.19 x 3000
Day's range8.91 - 9.85
52-week range6.69 - 31.80
Volume23,058,105
Avg. volume11,393,966
Market cap1.64B
Beta (5Y monthly)N/A
PE ratio (TTM)N/A
EPS (TTM)N/A
Earnings date11 Aug 2021 - 16 Aug 2021
Forward dividend & yieldN/A (N/A)
Ex-dividend dateN/A
1y target est9.00
  • Lordstown Motors' CEO and CFO Resign After Board Concludes Pre-Orders Were Exaggerated
    Motley Fool

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

    Embattled electric-pickup start-up Lordstown Motors (NASDAQ: RIDE) said today that its CEO Steve Burns and CFO Julio Rodriguez have resigned, after a report by the company's independent directors concluded that some of Lordstown's statements about its pre-orders were inaccurate. A committee formed by Lordstown's independent directors examined allegations made by short-seller Hindenburg Research in March. The report concluded that while several of Hindenburg's allegations were without merit, the firm's most explosive allegations -- that Lordstown had exaggerated the number of pre-orders for its pickup, and that some of those pre-orders may have been made by small companies that don't operate fleets -- were valid.

  • Why Lordstown Motors' Stock Is Sinking Today
    Motley Fool

    Why Lordstown Motors' Stock Is Sinking Today

    Shares of Lordstown Motors (NASDAQ: RIDE) were down sharply on Monday morning, after the company said that its CEO and chief financial officer had resigned following an investigation by the board of directors. As of 10:15 a.m. EDT today, Lordstown's shares were down about 20% from Friday's closing price. Lordstown said on Monday morning that CEO Steve Burns and CFO Julio Rodriguez have resigned from the company effective immediately.

  • Lordstown Motors Sinks on CEO Exit, Inaccurate Statements
    Bloomberg

    Lordstown Motors Sinks on CEO Exit, Inaccurate Statements

    (Bloomberg) -- Lordstown Motors Corp. announced the abrupt departure of its two top executives and said its board found evidence of inaccurate statements, intensifying the turmoil for the electric-vehicle maker and onetime SPAC star.Chief Executive Officer Steve Burns and Chief Financial Officer Julio Rodriguez have resigned from the company, effective immediately, the company said in a statement Monday. Burns declined to comment about his exit in a text message.It is the latest setback for the