|Bid||11.20 x 1400|
|Ask||11.17 x 2200|
|Day's Range||10.32 - 11.43|
|52 Week Range||6.69 - 31.80|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Earnings Date||Aug. 11, 2021 - Aug. 16, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||8.14|
Wells Fargo Automotive & Mobility Analyst Colin Langan joins Yahoo Finance to discuss the future of the electric vehicle market as increased investment in EV innovation is driving up competition in the automotive industry.
Myles Udland, Brian Sozzi, and Julie Hyman breakdown Tuesday’s early market movers, which include: what’s next for GameStop after raising more than $1 billion in its latest share offering, Lordstown looking for funding through a ‘strategic partner’, and Plug Power moving higher after mixed Q1 results.
Electric vehicle startup Lordstown Motors Corp is "evaluating strategic partners" as part of its search for funding needed to stay in operation, the company's executive chair, Angela Strand, said on Monday. Lordstown Motors earlier this month warned it may not be able to continue as a "going concern" if it cannot raise more money to retool its factory in Lordstown, Ohio, for high-volume production. Strand is leading the company while the board searches for a replacement for former Chief Executive Officer Steve Burns, who left the company earlier this month.