Earnings Results: Lordstown Motors posts wider Q1 loss, seeks ‘additional capital’ to keep going

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Shares of Tesla Inc. rose more than 3% late Wednesday after the Silicon Valley car maker reported mixed results in the second quarter, posting a wider-than-expected adjusted loss but slightly beating revenue forecasts......»»

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Stocks rose sharply Wednesday for a second straight day as strong earnings from General Motors and Facebook lifted sentiment. But the major averages posted big October losses......»»

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Shares of Capital Southwest (NASDAQ:CSWC) decreased in after-market trading after the company reported Q4 results. Quarterly Results Earnings per share rose 5.41% over the past year to $0.39, which missed the estimate of $0.43. read more.....»»

Lordstown Motors Corp (NASDAQ: RIDE) has faced significant challenges being a public company in the first two quarters and needs to seek alternative sources of capital, according to Morgan Stanley. Latest Ratings for RID.....»»

Lordstown forecast that production of its Endurance truck this year would be "at best" 50% of its previous expectations. The Endurance truck wit.....»»

Lordstown Motors said Monday it expects to spend $115 million more than expected in 2021, making it necessary for the company to return to capital markets to raise more money to meet its fall production plans. The Youngstown, Ohio-area manufacturer .....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»