RIDE Stock: The Big News That Has Lordstown Motors Shifting Gears Today

investorplace2021-06-10

For investors looking for volatility, look no further thanLordstown Motors(NASDAQ:RIDE). Indeed, RIDE stock is one that has gained significant momentum this past month. Trading around $7 per share in ...

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Comments

auhpnivlem
2021-06-10
auhpnivlem
gg
WeiXin0625
2021-06-10
WeiXin0625
vg
- YsL:
  Wow
DZJ1976
2021-06-10
DZJ1976
There's no way this company will survive long term, or even medium term. Unproven technology, well-established competitors and a notoriously capital intensive industry. Good luck with that!
Bossiwei
2021-06-10
Bossiwei
Ok
- WeiXin0625:
  b
Bossiwei
2021-06-10
Bossiwei
Ok
MunDo
2021-06-10
MunDo
Wow

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Trading around $7 per share in ...</p>\n\n<a href=\"https://investorplace.com/2021/06/ride-stock-the-big-news-that-has-lordstown-motors-shifting-gears-today/\">Source Link</a>\n\n</div>\n","source":"lsy1606302653667","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>RIDE Stock: The Big News That Has Lordstown Motors Shifting Gears Today</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nRIDE Stock: The Big News That Has Lordstown Motors Shifting Gears Today\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-10 07:41 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/06/ride-stock-the-big-news-that-has-lordstown-motors-shifting-gears-today/><strong>investorplace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>For investors looking for volatility, look no further thanLordstown Motors(NASDAQ:RIDE). Indeed, RIDE stock is one that has gained significant momentum this past month. Trading around $7 per share in ...</p>\n\n<a href=\"https://investorplace.com/2021/06/ride-stock-the-big-news-that-has-lordstown-motors-shifting-gears-today/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://investorplace.com/2021/06/ride-stock-the-big-news-that-has-lordstown-motors-shifting-gears-today/","article_id":"1155515344","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1155515344","pubTimestamp":1623282065,"columns":[],"sourceInfo":{"source_id":"lsy1606302653667","name":"InvestorPlace"},"weMediaInfo":null,"summary":"For investors looking for volatility, look no further thanLordstown Motors(NASDAQ:RIDE). Indeed, RID","collect":0,"end_time":0,"defaultTopTitle":"investorplace.com","property":[],"viewcount":null,"language":"en","relate_stocks":{},"translate_title":"骑行股票：今天的大新闻已经让洛德斯敦汽车换档","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"RIDE":0.9},"content_text":"For investors looking for volatility, look no further thanLordstown Motors(NASDAQ:RIDE). Indeed, RIDE stock is one that has gained significant momentum this past month. Trading around $7 per share in mid-May, RIDE stock appreciated to nearly $16 yesterday on some pretty bullish momentum.\nHowever, yesterday afternoon saw shares implode after a Lordstown Motors issued agoing concern warningin itsquarterly financial filingsyesterday. The company’s said the following: “These conditions raise substantial doubt regarding our ability to continue as a going concern for a period of at least one year from the date of issuance of these unaudited condensed consolidated financial statements.”\nThat’s certainly not good news for investors.\nThis single statement caused the stock to plummet to below $9 per share. This downside move of nearly 40% in less than 24 hours is significant. Indeed, a going concern warning is about as bearish a piece of news as investors can receive on any stock. Accordingly, this selloff appears to represent the market factoring in bankruptcy risk to a degree that simply wasn’t factored in previously.\nHowever, today, shares of Lordstown closed in the green. It seems investors are brushing off the liquidity concerns. Let’s discuss why this is the case.\nRIDE Stock Rebounding on Financing Discussions\nToday, Lordstownannouncedthe company is in talks with multiple parties to secure the necessary funding to meet its obligations.\nThis announcement more than completely reversed earlier losses from the day which saw RIDE stock down more than 20% from yesterday’s close.\nInvestors appear to be somewhat placated by this announcement. The company’s statement confirmed it has “adequate capital to continue operations, meet supplier obligations and begin limited production,” but will need to seek additional funds for strategic long-term investments. The company reiterated its debt-free balance sheet and significant tangible assets as positives. Indeed, leveraging these assets to seek asset-backed financing, or some mix of debt and equity financing over the medium term, has stoked positive sentiment once again in this stock.\nAny sort of equity issuance at this point could cool the meme rally RIDE stock has seen of late. Accordingly, it’s clear a number of retail investors have simply sought gains elsewhere.\nWhether this meme stock rally can continue with RIDE remains to be seen. However, one thing is for certain. 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Unproven technology, well-established competitors and a notoriously capital intensive industry. Good luck with that!","listText":"There's no way this company will survive long term, or even medium term. Unproven technology, well-established competitors and a notoriously capital intensive industry. Good luck with that!","text":"There's no way this company will survive long term, or even medium term. Unproven technology, well-established competitors and a notoriously capital intensive industry. Good luck with that!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/189401359","repostId":1155515344,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":189571603,"gmtCreate":1623283527202,"gmtModify":1704199924751,"author":{"id":"3574922071165793","authorId":"3574922071165793","name":"Bossiwei","avatar":"https://static.tigerbbs.com/dfbc991d17c0826fbf583dc8682e96d3","vip":1,"hat":"https://static.tigerbbs.com/a3dee1aa3a3a3c1814833a4d3f8a5669","crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3574922071165793","idStr":"3574922071165793"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/189571603","repostId":1155515344,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4657460,"gmtCreate":1623284065834,"gmtModify":1635330132392,"authorId":3582967582288641,"author":{"id":3582967582288641,"idStr":"3582967582288641","authorId":3582967582288641,"name":"WeiXin0625","avatar":"https://static.tigerbbs.com/856a8349954fa218fe42440c51fb11ac","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":189571603,"type":1,"supId":0,"prevId":0,"content":"b","text":"b","html":"b"}],"langContent":"EN"},{"id":189573798,"gmtCreate":1623283512514,"gmtModify":1704199924427,"author":{"id":"3574922071165793","authorId":"3574922071165793","name":"Bossiwei","avatar":"https://static.tigerbbs.com/dfbc991d17c0826fbf583dc8682e96d3","vip":1,"hat":"https://static.tigerbbs.com/a3dee1aa3a3a3c1814833a4d3f8a5669","crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3574922071165793","idStr":"3574922071165793"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/189573798","repostId":1155515344,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":189573296,"gmtCreate":1623283501915,"gmtModify":1704199923936,"author":{"id":"3584668090367119","authorId":"3584668090367119","name":"MunDo","avatar":"https://static.tigerbbs.com/ff1a0d605e044eca82ae7c91a0ee483d","vip":1,"crmLevel":4,"crmLevelSwitch":0,"authorIdStr":"3584668090367119","idStr":"3584668090367119"},"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/189573296","repostId":1155515344,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":52,"commentSize":14,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1155515344"}