Lordstown Motors downgraded by R. F. Lafferty with a new price target
$RIDE
Auto Manufacturing
Consumer Discretionary
R. F. Lafferty downgraded Lordstown Motors from Hold to Sell and set a new price target of $1.00 from $4.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 5/10/2022 | $4.00 → $1.00 | Hold → Sell | R. F. Lafferty |
| 3/1/2022 | $2.50 → $2.00 | Sell | Goldman Sachs |
| 3/1/2022 | $2.50 → $1.50 | Underperform | RBC Capital |
| 11/12/2021 | $3.00 → $7.00 | Sell → Hold | R. F. Lafferty |
| 11/12/2021 | Buy → Neutral | BTIG | |
| 10/5/2021 | $8.00 → $2.00 | Equal-Weight → Underweight | Morgan Stanley |
| 10/4/2021 | $1.00 → $5.00 | Underperform | RBC Capital |
| 10/1/2021 | $8.00 | Equal-Weight | Morgan Stanley |
R. F. Lafferty downgraded Lordstown Motors from Hold to Sell and set a new price target of $1.00 from $4.00 previously
Goldman Sachs reiterated coverage of Lordstown Motors with a rating of Sell and set a new price target of $2.00 from $2.50 previously
RBC Capital reiterated coverage of Lordstown Motors with a rating of Underperform and set a new price target of $1.50 from $2.50 previously
Appoints Daniel Ninivaggi as Chairman of the Board LORDSTOWN, Ohio, May 19, 2022 /PRNewswire/ -- Lordstown Motors Corp. (NASDAQ:RIDE), ("Lordstown Motors"), an original equipment manufacturer (OEM) of electric light duty trucks focused on the commercial fleet market, announced today that at its annual meeting of stockholders, Joseph B. Anderson, Jr., Laura J. Soave and Angela Strand were elected as independent directors. Mr. Anderson and Ms. Soave are new directors, and each has extensive experience in the global automotive industry. Incumbent director Ms. Strand is joining the Compensation Committee, Mr. Anderson will serve as a member of the Audit Committee and Ms. Soave will serve on th
Appoints Becky Roof as Interim Chief Financial Officer (CFO) and Engages AlixPartners to Accelerate Implementation of Special Committee Recommendations Faraday Future Intelligent Electric Inc. ("FF") (NASDAQ:FFIE), a California-based global shared intelligent electric mobility ecosystem company, today announced the appointment of Becky Roof as interim Chief Financial Officer, and the engagement of AlixPartners, LLP. Effective immediately, Ms. Roof will replace Walter J. ("Chuck") McBride, who has stepped down from his position for health reasons. Sue Swenson, Executive Chairperson of Faraday Future, said, "As we push to accelerate our remediation plan and strengthen the Company's financ
LORDSTOWN, Ohio, Dec. 21, 2021 (GLOBE NEWSWIRE) -- Lordstown Motors Corp. ("Lordstown Motors" or "LMC") (NASDAQ:RIDE) announced today that its Board of Directors has elected Melissa Leonard as Executive Vice President, effective January 1, 2022. Ms. Leonard will replace Tom Canepa, LMC's current General Counsel & Secretary, who is leaving to pursue other opportunities. Ms. Leonard was co-leader of the Mergers and Acquisitions team for Baker & Hostetler LLP, where she has served as outside counsel to the Company since 2019. Ms. Leonard has been a corporate and transactional attorney at Baker & Hostetler LLP since 1995 and has extensive legal experience with mergers and acquisitions, financ
WILMINGTON, Del., April 5, 2024 /PRNewswire/ -- Labaton Keller Sucharow LLP announce that the United States Bankruptcy Court for the District of Delaware has approved the following announcement of a proposed settlement that would benefit purchasers of Lordstown Motors Corp. (NASDAQ:RIDE) (NASDAQ:RIDEW): SUMMARY NOTICE OF CERTIFICATION OF SETTLEMENT CLASS AND PROPOSED SETTLEMENT If you purchased the publicly traded securities of Lordstown Motors Corp. ("LMC") during the period from August 3, 2020 through July 2, 2021, and/or held LMC's publicly traded Class A Common Stock on September 21, 2020, and were damaged thereby, you may be entitled to a payment from a settlement. YOU ARE HEREBY NOTIF
Enables uninterrupted continuation of business operations and commitments to stakeholders LORDSTOWN, Ohio, June 28, 2023 /PRNewswire/ -- Lordstown Motors Corp. (NASDAQ:RIDE), ("Lordstown" or the "Company"), today announced that the United States Bankruptcy Court for the District of Delaware (the "Court") entered orders (or indicated it would enter orders) granting approval, on an interim or final basis (as applicable to the requested relief), of all of the Company's "first day" motions filed in its chapter 11 cases (the "Chapter 11 Cases") on June 27, 2023 (the "Petition Date").
Files Complaint Against Foxconn that Details Fraud, Bad Faith and Repeated Contractual Breaches Leading to Value Destruction Commences Comprehensive Sale Process for Endurance Truck and Related EV Assets Files Chapter 11 to Implement Restructuring in Efficient Manner Company is Debt-Free and Continues to Operate with Significant Cash-on-Hand LORDSTOWN, Ohio, June 27, 2023 /PRNewswire/ -- Lordstown Motors Corp. (NASDAQ:RIDE), ("Lordstown" or the "Company"), an original equipment manufacturer (OEM) of electric light-duty vehicles focused on the commercial fleet market, today announced a strategic restructuring process to maximize the value of its assets: its on-the-road Endurance all-electric
8-K - Lordstown Motors Corp. (0001759546) (Filer)
8-K - Lordstown Motors Corp. (0001759546) (Filer)
8-K - Lordstown Motors Corp. (0001759546) (Filer)
SC 13D/A - Lordstown Motors Corp. (0001759546) (Subject)
SC 13D/A - Lordstown Motors Corp. (0001759546) (Subject)
SC 13D/A - Lordstown Motors Corp. (0001759546) (Subject)
LORDSTOWN, Ohio, March 06, 2023 (GLOBE NEWSWIRE) -- Lordstown Motors Corp. (NASDAQ:RIDE), an original equipment manufacturer ("OEM") of electric light duty vehicles focused on the commercial fleet market, today released its fourth quarter and fiscal year 2022 financial results and provided a business update. Fourth Quarter and Recent Business Highlights Foxconn Investment of up to $170 million, subject to certain conditions; initial $52 million fundedProgressed pre-development work on the new program in collaboration with Foxconn EV EcosystemStart of commercial sales of the EnduranceTM, an electric full-size pickup truckSupplier quality and performance issues have limited production and
LORDSTOWN, Ohio, Feb. 23, 2023 (GLOBE NEWSWIRE) -- Lordstown Motors Corp. (NASDAQ:RIDE), ("Lordstown Motors," "LMC" or the "Company"), an original equipment manufacturer (OEM) of electric vehicles focused on the commercial fleet market, today announced that it will release its fiscal year 2022 financial results before market open on Monday, March 6, 2023. The Company will then host a conference call at 8:30 a.m. Eastern Time. Lordstown Motors Corp. also announced today that it has experienced performance and quality issues with certain Endurance components that have led the company to temporarily stop production and customer deliveries since our last production update in January. The te
LORDSTOWN, Ohio, Oct. 14, 2022 /PRNewswire/ -- Lordstown Motors Corp. (NASDAQ:RIDE), ("Lordstown Motors"), an original equipment manufacturer (OEM) of electric vehicles focused on the commercial fleet market, today announced that it will release its third quarter 2022 financial results before market open on Tuesday, November 8, 2022. The company will then host a conference call at 8:30 a.m. Eastern Time. The call can be accessed via a live webcast accessible on the Events page of Lordstown Motors' Investor Relations website at https://investor.lordstownmotors.com/. An archive
4 - Lordstown Motors Corp. (0001759546) (Issuer)
4 - Lordstown Motors Corp. (0001759546) (Issuer)
4 - Lordstown Motors Corp. (0001759546) (Issuer)
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