Why Lordstown Motors Stock Has Surged This Week

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Why Lordstown Motors Stock Has Surged This Week

Motley Fool2021-08-27

What happened Shares of Lordstown Motors Corp. (NASDAQ:RIDE) surged 24.1% this week through Thursday, following news that the embattled electric truck start-up has hired a new CEO with deep auto ...

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WilliamFish
·2021-08-30
Done
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1
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Annalz
·2021-08-30
just started ?
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1
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Blackk
·2021-08-29
Like and comment thx
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1
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- Annalz:
  ?like
  2021-08-30
  Reply
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relaxlah
·2021-08-29
like
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1
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- relaxlah:
  like
  2021-08-29
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2020TS
·2021-08-29
Established CEO, need billions cash to run a competitive. Time will tell.
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LuckyLucky
·2021-08-29
....
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1
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- LuckyLucky:
  ....
  2021-08-29
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nisamo
·2021-08-29
Eell okkk
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Jennifer58
·2021-08-28
Go go go
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2
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- Jennifer58:
  Buy
  2021-08-28
  Reply
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Ong2021
·2021-08-28
[Miser]
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2
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- Ong2021:
  [Smile]
  2021-08-28
  Reply
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ZEROHERO
·2021-08-28
Good thing to hv sold near 30 & never looked back
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4
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YYLSG
·2021-08-28
Like
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1
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DesmondChin
·2021-08-28
Seriously? You need an article just to explain new CEO?
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- Andersonkana:
  good
  2021-08-28
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- YunaTuna:
  o
  2021-08-28
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ASMH
·2021-08-28
Like
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1
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- Singman:
  like too
  2021-08-28
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ALLOYHUAT
·2021-08-28
Like
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- kino318:
  done
  2021-08-28
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Likelike
·2021-08-28
when nio xpeng rise to$50???
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- Likelike:
  prefer 2 months hehe...
  2021-09-02
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- ZEROHERO:
  Good to enter below 40
  2021-08-29
  Reply
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- Likelike:
  too long ? i wish 2mths
  2021-08-28
  Reply
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Stevens11
·2021-08-28
Wow
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jacksoncheng
·2021-08-27
Ride is so undervalued can't you see?
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2
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June_C
·2021-08-27
Gogo
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(NASDAQ:RIDE) surged 24.1% this week through Thursday, following news that the embattled electric truck start-up has hired a new CEO with deep auto ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/08/27/why-lordstown-motors-stock-has-surged-this-week/\">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://www.fool.com/investing/2021/08/27/why-lordstown-motors-stock-has-surged-this-week/","article_id":"2162021329","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2162021329","pubTimestamp":1630076362,"sourceInfo":{"source_id":"fool_stock","name":"Motley Fool"},"weMediaInfo":null,"summary":"And why investors should temper their enthusiasm.","collect":0,"end_time":0,"defaultTopTitle":"fool.com","property":[],"viewcount":null,"language":"en","relate_stocks":{},"translate_title":"为什么洛德斯敦汽车公司的股票本周飙升","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"RIDE":0.9},"content_text":"What happened\nShares of Lordstown Motors Corp. (NASDAQ:RIDE) surged 24.1% this week through Thursday, following news that the embattled electric truck start-up has hired a new CEO with deep auto industry experience.\nThat's encouraging news for investors who have watched the stock decline sharply in recent months. But while the new CEO has a solid resume, the company faces a daunting road to delivering on investors' expectations.\nSo what\nLordstown said on Thursday that it has a new CEO: Daniel Ninivaggi is the former CEO of investor Carl Icahn's automotive holdings, and earlier held executive roles at Tier 1 auto suppliers Lear and Federal Mogul (now part of Tenneco). \nNinivaggi will need all his experience to get Lordstown on track. The company has been reeling since the abrupt departure of its founder and its chief financial officer in June, following an investigation into allegations that they greatly exaggerated customer interest in Lordstown's upcoming electric Endurance pickup. \nNow, Lordstown is short on cash and short on potential sources of new cash, just as it appears to have lost its first-mover advantage to commercial-vehicle market leader Ford Motor Company. (Investors hoping that Ninivaggi might bring a big investment from Icahn should note Ninivaggi parted ways with Icahn's organization in 2019.) \n\nLordstown's truck is behind schedule and buyers don't appear to be lining up. Can new CEO Ninivaggi turn things around? Image source: Lordstown Motors.\nBut that said, the arrival of Ninivaggi is good news, and I think investors were right to be cheered this week.\nNow what\nNinivaggi can almost certainly help address Lordstown's urgent needs right away, at least to some extent. His resume brings the kind of credibility that can open doors with potential investors and other automotive heavyweights. \nBut investors shouldn't underestimate the difficulties here, even with Ninivaggi steering the shop. 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Time will tell.","listText":"Established CEO, need billions&nbsp;cash to run a competitive. Time will tell.","text":"Established CEO, need billions cash to run a competitive. Time will tell.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/813544572","repostId":2162021329,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":813542483,"gmtCreate":1630219952642,"gmtModify":1676530246409,"author":{"id":"4087558306753550","authorId":"4087558306753550","name":"LuckyLucky","avatar":"https://static.tigerbbs.com/7f6923176f885b4cc7c0299b6e1ec22e","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"....","listText":"....","text":"....","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/813542483","repostId":2162021329,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5683154,"gmtCreate":1630219977837,"gmtModify":1635136548250,"authorId":4087558306753550,"author":{"id":4087558306753550,"authorId":4087558306753550,"name":"LuckyLucky","avatar":"https://static.tigerbbs.com/7f6923176f885b4cc7c0299b6e1ec22e","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":813542483,"type":1,"supId":0,"prevId":0,"content":"....","text":"....","html":"...."}],"langContent":"EN"},{"id":813685271,"gmtCreate":1630198609293,"gmtModify":1676530240494,"author":{"id":"3572341691137395","authorId":"3572341691137395","name":"nisamo","avatar":"https://static.tigerbbs.com/93a716aba495cf2c66299957a7b8b190","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Eell okkk","listText":"Eell okkk","text":"Eell okkk","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/813685271","repostId":2162021329,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":813155665,"gmtCreate":1630157853957,"gmtModify":1676530236036,"author":{"id":"3577529300728738","authorId":"3577529300728738","name":"Jennifer58","avatar":"https://static.tigerbbs.com/9a014efda004b6cc112e5d7968adf52f","vip":1,"crmLevel":3,"crmLevelSwitch":0},"htmlText":"Go go go","listText":"Go go go","text":"Go go go","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/813155665","repostId":2162021329,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5677148,"gmtCreate":1630157859793,"gmtModify":1663233036127,"authorId":3577529300728738,"author":{"id":3577529300728738,"authorId":3577529300728738,"name":"Jennifer58","avatar":"https://static.tigerbbs.com/9a014efda004b6cc112e5d7968adf52f","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":813155665,"type":1,"supId":0,"prevId":0,"content":"<u>Buy</u>","text":"<u>Buy</u>","html":"<u>Buy</u>"}],"langContent":"EN"},{"id":813368493,"gmtCreate":1630133348212,"gmtModify":1676530232957,"author":{"id":"4087873768935830","authorId":"4087873768935830","name":"Ong2021","avatar":"https://static.tigerbbs.com/eec6b0f9969a9aab1913945a2c49ea24","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"[Miser]&nbsp;","listText":"[Miser]&nbsp;","text":"[Miser]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/813368493","repostId":2162021329,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5675220,"gmtCreate":1630133356897,"gmtModify":1663233028561,"authorId":4087873768935830,"author":{"id":4087873768935830,"authorId":4087873768935830,"name":"Ong2021","avatar":"https://static.tigerbbs.com/eec6b0f9969a9aab1913945a2c49ea24","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":813368493,"type":1,"supId":0,"prevId":0,"content":"[Smile]","text":"[Smile]","html":"[Smile]"}],"langContent":"EN"},{"id":813988300,"gmtCreate":1630121053200,"gmtModify":1676530230064,"author":{"id":"3566532164444643","authorId":"3566532164444643","name":"ZEROHERO","avatar":"https://static.tigerbbs.com/62813b6df1c4722e559d112fadd5486a","vip":2,"crmLevel":8,"crmLevelSwitch":1},"htmlText":"Good thing to hv sold near 30 &amp; never looked back","listText":"Good thing to hv sold near 30 &amp; never looked back","text":"Good thing to hv sold near 30 & never looked back","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/813988300","repostId":2162021329,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":819723522,"gmtCreate":1630109433566,"gmtModify":1676530225320,"author":{"id":"3585128891404621","authorId":"3585128891404621","name":"YYLSG","avatar":"https://static.tigerbbs.com/41bee2bd52d9d3dc3a494bc99d85290d","vip":1,"crmLevel":2,"crmLevelSwitch":1},"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/819723522","repostId":2162021329,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":819739467,"gmtCreate":1630106415159,"gmtModify":1676530224357,"author":{"id":"3578983795474363","authorId":"3578983795474363","name":"DesmondChin","avatar":"https://static.tigerbbs.com/b90cb6b6a6c328ac8d02a829e5e7c835","vip":1,"hat":"https://static.tigerbbs.com/46b6808e1ba3716fb9c53339adffa3c5","crmLevel":3,"crmLevelSwitch":1},"htmlText":"Seriously? You need an article just to explain new CEO?&nbsp;","listText":"Seriously? You need an article just to explain new CEO?&nbsp;","text":"Seriously? 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