US Stock In Play: $RIDE (Lordstown Motors Corp)

٢١ أبريل ٢٠٢١

RRIDE continues its all time low breakdown, with its latest trading session closing at $9.20. The technical support breakdown of RRIDE since a month ago has tumbled its share price by -18.31%, a loss of approximately US300mil from its market capitalization. SEC is currently investigating the company on the authenticity of RRIDE 100k pre-orders that are months away from its first delivery.

RRIDE operates as an original equipment manufacturer of light duty fleet vehicles. It develops, manufactures, and sells Endurance, an electric full-size pickup truck targeted for sale to fleet customers.