Lordstown Motors logo

RIDE - Lordstown Motors News Story

$10.86 -0.0  -0.1%

Last Trade - 14/04/21

Consumer Cyclicals
Mid Cap
Market Cap £1.40bn
Enterprise Value £938.8m
Revenue £n/a
Position in Universe 2249th / 6848

BUZZ-EV stocks gains as Biden vows to electrify U.S. government's fleet

Tue 26th January, 2021 3:24pm
** Shares of electric vehicle makers Nikola Corp  NKLA.O ,
Tesla Inc  TSLA.O  and Lordstown Motors Corp  RIDE.O  up in
early trading
    ** President Joe Biden on Monday vows to replace U.S.
government's fleet of roughly 650,000 vehicles with electric
models as new administration shifts focus toward clean-energy
    ** Biden also vows to build 550,000 EV charging stations and
spend more in clean energy research
    ** NKLA, which is set for a fourth straight session of gains
is up 14.5% at $23.76
    ** TSLA, which had gained more than 7-folds in the last 12
months, up as much as 1.7% at $895.90; on track for a third
straight session of gains
    ** Shares of electric pickup truck maker RIDE, which is on
track to snap two-day losing streak is up as much as 14.1% at
    ** Up to Monday's close, RIDE had risen ~131% while NKLA had
doubled in value in last 12 months

 (Reporting by Tiyashi Datta in Bengaluru)
© Stockopedia 2021, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.