Why Lordstown Motors Jumped 11% Today
Shares of Lordstown Motors (NASDAQ: RIDE) are up 11% as of 1 p.m. EST on Friday. The company released a video this week of its Endurance all-electric pickup truck driving through some harsh road conditions, and analyst support followed.
Lordstown CEO Steve Burns drove a panel-less frame of the Endurance through some extreme environments to show the design of its four in-wheel hub motors being put to a grueling test and proving its durability.
Lordstown Endurance pickup truck. Image source: Lordstown Motors.
Source Fool.com