Investors need to see the bullish forecast for Lordstown Motors Corp.(RIDE)

aerial view of parking lot

Market Data

Lordstown Motors Corp.(RIDE) is a stock of interest due to the large impact the company has on the market. Here at Wall Street Facts we only cover the best stocks so make sure you check out our other articles. Today we will be diving deep into all of the essential information you need to know about RIDE. We will be studying the movement so you can make the best decision as an investor. The stock has moved downwards today by 4.55%. The high for today is 12.21 and today’s low is 11.55. This information is critical in deciding whether this investment is risky or not. We can see the stock is trending downwards, which means the volume of people selling this stock is greater than people buying it.

Company Description

Lordstown Motors Corp. designs and manufactures electric vehicles that revolutionize the way work gets done. The vehicles we build reduce burdensome costs, provide functional style for today’s job sites, and act as an extension of the worker—smarter, safer and more productive.

Stock Forecast

As an investor, you can get an idea of where the stock is trending by the forecast. In this case, the high forecast for Lordstown Motors Corp. is $40.00 and the low forecast is $29.00. Overall, Lordstown Motors Corp. is in great shape going forward. They have a strong market cap of $2.08B and a very bright future ahead of them.

One thought on “Investors need to see the bullish forecast for Lordstown Motors Corp.(RIDE)

  1. The FIRST ALL ELECTRIC FULL SIZE PICKUP will take on the BAJA trail in San Felipe on the 4/17. They dont expect to come close to winning, but just show the world what the new world of fleet vehicles & what they can do!

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