Lordstown Motors (NASDAQ: RIDE)
You’re reading a free stock page from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More
Lordstown Motors Return vs. S&P
| 1 Year | 5 Year | 5 Year Annualized | Since IPO |
|---|
Lordstown Motors Company Info
Lordstown Motors Corp. is an automotive company, which engages in the design and manufacture of light duty electric trucks targeted for sale to fleet customers. The firm develops its flagship vehicle, the Endurance, an electric full-size pickup truck. The company was founded by Stephen S. Burns on November 13, 2018 and is headquartered in Lordstown, OH.
News & Analysis
The good news wasn't good enough for investors in Lordstown Motors.
The first reviews for the company's all-electric pickup truck are positive.
The timing of an economic slowdown -- or worse, a contraction -- isn't good for the EV maker.
Investors are starting to see positive trends among EV start-ups.
A rival's recall dings the EV-company's shares.
The first vehicles are coming off the production line.
The shares jumped double digits last week, but investors have been trying to lock in gains ever since.
The market was diving back into risky stocks today.
Valuation
Premium Investing Services
Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.