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RIDE Stock Alert: Lordstown Motors Just Hit Key EV Milestone
RIDE Stock Alert: Lordstown Motors Just Hit Key EV Milestone
InvestorPlace - Stock Market News, Stock Advice & Trading Tips
Lordstown Motors (NASDAQ:RIDE) stock is sliding lower on Thursday even after announcing commercial production of its Endurance pickup truck.
Production of the electric vehicles (EVs) has kicked off at the company's plant in Ohio. However, production isn't at full capacity yet due to supply chain constraints. This has the company expecting production volume to slowly increase over time.
Lordstown Motors notes that the launch of its Endurance pickup truck will rely on a few different factors. Those include engineering readiness, quality, and part availability.
CEO Comments
Edward Hightower, president and CEO of Lordstown Motors, said the following about the production plans.
"We will continue to build at a slow rate as we address remaining part pedigree and part availability issues. We expect to increase the speed of production into November and December. Our homologation and certification processes are proceeding as planned."
Investors weren't overly excited about today's production news as trading volume remains low. As of this writing, roughly 2.7 million shares of the company's stock have changed hands. That still has a way to go before it hits the company's daily average trading volume of 4.2 million shares.
RIDE stock is down 9.3% as of Thursday afternoon and is down 50.8% since the start of the year.
There's more recent stock market news traders need to know about below!
We've got all the latest stock coverage that investors will want to read about on Thursday! Among that is a housing market crash warning, what's happening with BigBear.ai (NYSE:BBAI), and the latest Siga Technologies (NASDAQ:SIGA) stock news. You can find all of that at the following links!
More Thursday Stock Market News
- Why a 2022 Housing Market Crash Could Be WORSE Than 2008
- Why Is BigBear.ai (BBAI) Stock Up 35% Today?
- SIGA Stock Alert: Siga Technologies Receives $11 Million Order for Monkeypox Drug
On the date of publication, William White did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.
The post RIDE Stock Alert: Lordstown Motors Just Hit Key EV Milestone appeared first on InvestorPlace.
InvestorPlace - Stock Market News, Stock Advice & Trading Tips
InvestorPlace-股票市场新闻、股票建议和交易提示
Lordstown Motors (NASDAQ:RIDE) stock is sliding lower on Thursday even after announcing commercial production of its Endurance pickup truck.
Lordstown Motors(纳斯达克：骑)股价周四下滑，即使在宣布耐力皮卡商业化生产后也是如此。
Production of the electric vehicles (EVs) has kicked off at the company's plant in Ohio. However, production isn't at full capacity yet due to supply chain constraints. This has the company expecting production volume to slowly increase over time.
该公司在俄亥俄州的工厂已经开始生产电动汽车。然而，由于供应链的限制，生产还没有达到满负荷。这使得该公司预计产量将随着时间的推移而缓慢增长。
Lordstown Motors notes that the launch of its Endurance pickup truck will rely on a few different factors. Those include engineering readiness, quality, and part availability.
Lordstown Motors指出，耐力皮卡的推出将取决于几个不同的因素。这些因素包括工程准备、质量和部件供应。
CEO Comments
CEO评论
Edward Hightower, president and CEO of Lordstown Motors, said the following about the production plans.
洛德斯敦汽车公司首席执行官兼首席执行官总裁爱德华·海托尔就生产计划说了以下几句话。
"We will continue to build at a slow rate as we address remaining part pedigree and part availability issues. We expect to increase the speed of production into November and December. Our homologation and certification processes are proceeding as planned."
我们将继续以缓慢的速度生产，以解决剩余的部件谱系和部件供应问题。我们预计将把生产速度提高到11月和12月。我们的同质化和认证过程正在按计划进行。
Investors weren't overly excited about today's production news as trading volume remains low. As of this writing, roughly 2.7 million shares of the company's stock have changed hands. That still has a way to go before it hits the company's daily average trading volume of 4.2 million shares.
由于成交量仍然很低，投资者对今天的产量消息并不是太兴奋。截至撰写本文时，该公司约有270万股股票易手。要达到该公司420万股的日均成交量，还有很长一段路要走。
RIDE stock is down 9.3% as of Thursday afternoon and is down 50.8% since the start of the year.
截至周四下午，顺风车股价下跌了9.3%，与年初相比下跌了50.8%。
There's more recent stock market news traders need to know about below!
以下是交易员需要了解的更多最近的股市消息！
We've got all the latest stock coverage that investors will want to read about on Thursday! Among that is a housing market crash warning, what's happening with BigBear.ai (NYSE:BBAI), and the latest Siga Technologies (NASDAQ:SIGA) stock news. You can find all of that at the following links!
我们有投资者周四想要阅读的所有最新股票报道！其中包括房地产市场崩溃的警告，正在发生的事情BigBear.ai*(纽约证券交易所：BBAI)，以及最新的SIGA技术*(纳斯达克：SIGA)股票新闻。你可以在以下链接中找到所有这些！
More Thursday Stock Market News
更多周四股市新闻
- Why a 2022 Housing Market Crash Could Be WORSE Than 2008
- Why Is BigBear.ai (BBAI) Stock Up 35% Today?
- SIGA Stock Alert: Siga Technologies Receives $11 Million Order for Monkeypox Drug
- 为什么2022年的房地产市场崩盘可能比2008年更糟糕
- 为什么BigBear.ai(BBAI)的股票今天上涨了35%？
- SIGA股票警报：SIGA Technologies收到1,100万美元猴痘药物订单
On the date of publication, William White did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.
在出版日期，威廉·怀特他没有(直接或间接)持有本文所述证券的任何头寸。本文表达的观点是作者的观点，以InvestorPlace.com为准。出版指南。
The post RIDE Stock Alert: Lordstown Motors Just Hit Key EV Milestone appeared first on InvestorPlace.
Lordstown Motors刚刚达到电动汽车的关键里程碑的帖子股票警报首先出现在InvestorPlace上。
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moomoo是Moomoo Technologies Inc.公司提供的金融信息和交易应用程序。
在美国，moomoo上的投资产品和服务由Moomoo Financial Inc.提供，一家受美国证券交易委员会（SEC）监管的持牌主体。 Moomoo Financial Inc.是金融业监管局（FINRA）和证券投资者保护公司（SIPC）的成员。
在新加坡，moomoo上的投资产品和服务是通过Moomoo Financial Singapore Pte. Ltd.提供，该公司受新加坡金融管理局（MAS）监管(牌照号码︰CMS101000) ，持有资本市场服务牌照 (CMS) ，持有财务顾问豁免（Exempt Financial Adviser）资质。本内容未经新加坡金融管理局的审查。
在澳大利亚，moomoo上的金融产品和服务是通过Futu Securities (Australia) Ltd提供，该公司是受澳大利亚证券和投资委员会(ASIC)监管的澳大利亚金融服务许可机构（AFSL No. 224663）。请阅读并理解我们的《金融服务指南》、《条款与条件》、《隐私政策》和其他披露文件，这些文件可在我们的网站 https://www.moomoo.com/au中获取。
在加拿大，通过moomoo应用提供的仅限订单执行的券商服务由Moomoo Financial Canada Inc.提供，并受加拿大投资监管机构（CIRO）监管。
在马来西亚，moomoo上的投资产品和服务是通过Moomoo Securities Malaysia Sdn. Bhd. 提供，该公司受马来西亚证券监督委员会（SC）监管(牌照号码︰eCMSL/A0397/2024) ，持有资本市场服务牌照 (CMSL) 。本内容未经马来西亚证券监督委员会的审查。
Moomoo Technologies Inc., Moomoo Financial Inc., Moomoo Financial Singapore Pte. Ltd., Futu Securities (Australia) Ltd, Moomoo Financial Canada Inc.,和Moomoo Securities Malaysia Sdn. Bhd.是关联公司。
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