Why Shares of Lordstown Motors Jumped Again Today
Shares of aspiring electric-pickup truck maker Lordstown Motors (NASDAQ: RIDE) are rising 9% Tuesday, as of 3:40 p.m. EST. The company updated investors yesterday with progress in several areas as it approaches the start of production of its Endurance light-duty electric trucks.
The company confirmed production reservations for about 50,000 trucks, representing interest from approximately 100 different commercial truck fleets.
Source Fool.com
