You Searched For "lordstown motors sec" and got 19 results
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1 min read
Lordstown Motors drops after report that the EV maker is the target of a probe by the Justice Department
Nasdaq halted trading in Lordstown Motors stock after the Wall Street Journal reported the electric…
Emily Graffeo
2 mins read
Lordstown Motors extends decline to 33% as the electric-vehicle maker warns it may go out of business
"Our current level of cash and cash equivalents are not sufficient to fund commercial scale product…
Carla Mozée
1 min read
Lordstown Motors falls 12% after EV company reveals SEC is reviewing accusations from short-seller
The EV start-up tumbled after revealing it received "requests for information" from the SEC regardi…
Emily Graffeo
2 mins read
The Justice Department has reportedly opened a probe into electric car startup Lordstown Motors
The US attorney's office in Manhattan is looking into the company, the Wall Street Journal reported…
Grace Kay
1 min read
Lordstown Motors insiders reportedly sold $8 million of stock ahead of bad news that sent shares of the EV maker plummeting
Five Lordstown insiders, including the president and former CFO, sold shares in early February when…
Ethan Wu
1 min read
Lordstown Motors now says it does not have 'binding' orders, reversing a statement by its president
Lordstown President Rich Schmidt previously said purchase agreements for its Endurance pickup truck…
Dominick Reuter
2 mins read
Lordstown Motors soars 41% after new CEO takes charge of EV developer
Despite Thursday's rally, shares of Lordstown Motors are still down 68% year-to-date, and down as m…
Matthew Fox
2 mins read
EV startup Lordstown Motors says it's cooperating with an SEC probe after a short-seller alleged it misled investors
Short-seller Hindenburg Research accused the EV startup of misrepresenting its preorders and exagge…
Tim Levin
2 mins read
Retail traders drive rallies in small-time electric vehicle stocks after Tesla posts better-than-expected China sales
Canoo, CarLotz, and Workhorse all rallied Tuesday, as shares of Lordstown Motors and Tesla dropped.
Natasha Dailey
2 mins read
Congressman asks SEC to investigate $54 million trade in Oshkosh just hours before announcement of USPS fleet-contract
"It definitely stinks and needs to be looked into at the highest levels," Congressman Tim Ryan said…
Matthew Fox
2 mins read
Two new ETFs will be purely exposed to post-SPAC public companies - and one of them is going short
"You can decide how you want to play it, from the long side or the short side," said the CEO of Tut…
Natasha Dailey
7 mins read
2023 will be critical for Lucid's bid to one-up Tesla and it will have to overcome its production constraints and a sinking stock price
Lucid's challenging 2022 means it has work cut out for it in order to take market share from Elon M…
Alexa St. John
6 mins read
How a New York short-seller took on one of the world's richest people, wiped out $150 billion in market value, and barely made any money
The amount Hindenburg Research made from it's short-seller report on Adani Group pales in compariso…
Jennifer Sor
1 min read
Elon Musk's deal for Twitter is back on - and now short-seller Hindenburg Research is dumping all its shares in the takeover target
The activist investor previously bought Twitter shares when it looked like Musk's takeover bid woul…
George Glover
2 mins read
Dow spikes 482 points after Merck's COVID-19 pill boosts recovery optimism
US stocks still closed the week lower on Friday, but well off the lows sparked by higher interest r…
Matthew Fox
1 min read
Hindenburg Research reveals DraftKings short position, says company is hiding black market operations
The short seller says up to 50% of DraftKing's SPAC partner SBTech's revenue comes from markets whe…
Will Daniel
1 min read
US stocks slip as investors await key inflation data
US stocks slipped at the close after nearing record highs. Bitcoin rose as El Salvador became the f…
Emily Graffeo
2 mins read
There were no new SPAC debuts last week for the first time since March 2020, as signs point to the end of the blank-check craze
Bespoke Investment Group said 20 names in the SPAK ETF have lost roughly 50% since mid-February, wi…
Carla Mozée
2 mins read
Bill Gates-sponsored battery producer QuantumScape to join 'blank-check' IPO frenzy
The company aims to go public with a $3.3 billion valuation and trade on the New York Stock Exchang…