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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-股票市場新聞、股票建議和交易提示
Lordstown Motors (NASDAQ:RIDE) stock is sliding lower on Thursday even after announcing commercial production of its Endurance pickup truck.
Lordstown Motors(納斯達克：騎)股價週四下滑，即使在宣佈耐力皮卡商業化生產後也是如此。
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.
該公司在俄亥俄州的工廠已經開始生產電動汽車。然而，由於供應鏈的限制，生產還沒有達到滿負荷。這使得該公司預計產量將隨著時間的推移而緩慢增長。
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，耐力皮卡的推出將取決於幾個不同的因素。這些因素包括工程準備、質量和部件供應。
CEO Comments
CEO評論
Edward Hightower, president and CEO of Lordstown Motors, said the following about the production plans.
洛德斯敦汽車公司首席執行官兼首席執行官總裁愛德華·海索爾就生產計劃說了以下幾句話。
"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."
我們將繼續以緩慢的速度生產，以解決剩餘的部件譜系和部件供應問題。我們預計將把生產速度提高到11月和12月。我們的同質化和認證過程正在按計劃進行。
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.
由於成交量仍然很低，投資者對今天的產量消息並不是太興奮。截至撰寫本文時，該公司約有270萬股股票易手。要達到該公司420萬股的日均成交量，還有很長一段路要走。
RIDE stock is down 9.3% as of Thursday afternoon and is down 50.8% since the start of the year.
截至週四下午，順風車股價下跌了9.3%，與年初相比下跌了50.8%。
There's more recent stock market news traders need to know about below!
以下是交易員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!
我們有投資者週四想要閱讀的所有最新股票報道！其中包括房地產市場崩潰的警告，正在發生的事情BigBear.ai*(紐約證券交易所：BBAI)，以及最新的SIGA技術*(納斯達克：SIGA)股票新聞。你可以在以下鏈接中找到所有這些！
More Thursday Stock Market News
更多週四股市新聞
- 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
- 為什麼2022年的房地產市場崩盤可能比2008年更糟糕
- 為什麼BigBear.ai(BBAI)的股票今天上漲了35%？
- SIGA股票警報：SIGA Technologies收到1,100萬美元猴痘藥物訂單
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·懷特他沒有(直接或間接)持有本文所述證券的任何頭寸。本文表達的觀點是作者的觀點，以InvestorPlace.com為準。出版指南。
The post RIDE Stock Alert: Lordstown Motors Just Hit Key EV Milestone appeared first on InvestorPlace.
Lordstown Motors剛剛達到電動汽車的關鍵里程碑的帖子股票警報首先出現在InvestorPlace上。
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moomoo是Moomoo Technologies Inc.公司提供的金融資訊和交易應用程式。
在美國，moomoo上的投資產品和服務由Moomoo Financial Inc.提供，一家受美國證券交易委員會（SEC）監管的持牌主體。 Moomoo Financial Inc.是金融業監管局（FINRA）和證券投資者保護公司（SIPC）的成員。
在新加坡，moomoo上的投資產品和服務是通過Moomoo Financial Singapore Pte. Ltd.提供，該公司受新加坡金融管理局（MAS）監管(牌照號碼︰CMS101000) ，持有資本市場服務牌照 (CMS) ，持有財務顧問豁免（Exempt Financial Adviser）資質。本內容未經新加坡金融管理局的審查。
在澳大利亞，moomoo上的金融產品和服務是通過Futu Securities (Australia) Ltd提供，該公司是受澳大利亞證券和投資委員會(ASIC)監管的澳大利亞金融服務許可機構（AFSL No. 224663）。請閱讀並理解我們的《金融服務指南》、《條款與條件》、《隱私政策》和其他披露文件，這些文件可在我們的網站 https://www.moomoo.com/au中獲取。
在加拿大，透過moomoo應用程式提供的僅限訂單執行的券商服務由Moomoo Financial Canada Inc.提供，並受加拿大投資監管機構（CIRO）監管。
在馬來西亞，moomoo上的投資產品和服務是透過Moomoo Securities Malaysia Sdn. Bhd. 提供，該公司受馬來西亞證券監督委員會（SC）監管(牌照號碼︰eCMSL/A0397/2024) ，持有資本市場服務牌照 (CMSL) 。本內容未經馬來西亞證券監督委員會的審查。
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., 是關聯公司。
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