Lordstown warns that without the Foxconn agreement it will be 'deprived of critical funding necessary for its operations' Lordstown Motors Corp. stock tanked over 30% Monday after the EV maker said in ...
Lordstown Motors, the embattled electric truck startup, is facing more scrutiny after several of its top executives sold off millions in dollars of stock prior to its dismal first-quarter earnings ...
Lordstown Motors Corp (NYSE:RIDE) shares are trading lower Tuesday after the company opted to file for Chapter 11 bankruptcy protection. What Happened: Lordstown has initiated a strategic ...
Lordstown Motors will issue a reverse stock split, a last-ditch move meant to pull the EV automaker out of the penny stock doldrums and salvage a deal with Taiwanese manufacturer Foxconn. The stock ...
The Lordstown (RIDE) and Foxconn dispute is heating up. American EV startup Lordstown (RIDE) said in an SEC filing Friday it’s planning to take legal action against Foxconn over its latest investment ...
After going public in 2020 via a SPAC merger under the ticker “RIDE,” Lordstown watched its valuation soar with heightening interest in EV makers. Shortly after, Lordstown felt the pressure with a ...
Lordstown completed a 1-for-15 reverse stock split last week. The EV company is under pressure to raise capital. If Lordstown fails to raise additional capital, the company may be in a bad spot.
LORDSTOWN — Lordstown Motors Corp. stockholders are gambling on a reverse stock split to increase the value of the company’s deflated aIt’s a move that, if successful, could bring the electric ...
CLEVELAND, Ohio — Lordstown Motors said it has to raise its stock price to $1 or higher or it may be delisted from the Nasdaq stock exchange. To raise its trading price, the electric pickup truck ...