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Nu Ride’s Bankruptcy Court Approves Creditor Claims Reduction

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Nu Ride’s Bankruptcy Court Approves Creditor Claims Reduction

TipRanks Black Friday Sale

The latest announcement is out from Nu Ride ( (NRDE) ).

On November 17, 2025, the U.S. Bankruptcy Court for the District of Delaware approved a reduction in the general unsecured creditor claims reserve of Nu Ride Inc. to $5.1 million, down from $22.1 million as of September 30, 2025. This adjustment in the GUC Reserve could potentially increase if requested by the Claims Ombudsman and creditors, indicating a flexible approach to the company’s financial restructuring.

Spark’s Take on NRDE Stock

According to Spark, TipRanks’ AI Analyst, NRDE is a Underperform.

Nu Ride’s overall stock score reflects significant financial weakness, with consistent losses and negative cash flows posing serious risks. Technical analysis suggests bearish momentum, and valuation metrics are unappealing given the lack of profitability and dividends. Without positive earnings call or corporate events to offset these challenges, the stock remains a high-risk investment.

To see Spark’s full report on NRDE stock, click here.

More about Nu Ride

Average Trading Volume: 17,687

Technical Sentiment Signal: Strong Sell

Current Market Cap: $21.89M

See more data about NRDE stock on TipRanks’ Stock Analysis page.

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