R.F. Lafferty terminated coverage of Lordstown Motors citing its Chapter 11 bankruptcy filing. Lordstown has filed motions to begin the marketing and selling of its assets, including the Endurance EV platform, the analyst tells investors in a research note.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on RIDE:
- Lordstown Motors sinks 49% to $1.40 after filing for bankruptcy
- Lordstown (NASDAQ:RIDE) Nosedives on Bankruptcy Filing
- Lordstown Motors files complaint against Foxconn, Chapter 11 bankruptcy
- TSLA, NKLA among EV Stocks Experiencing Volatility in Today’s Trading
- Lordstown Motors to Pursue Litigation Against Foxconn