Lordstown Motors new CEO focused on electric truck launch
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/25/2026
- Wall Street ends higher as tech rebounds before Nvidia results
- Oil settles down more than 3%; investors shrug off US sanctions on Iran
- UBS says bull market has further to run
- S&P 500 may pull back before midterms, but Citi says buy the dip
- Global yield relief evaporates as U.S. rates push back toward multi-decade peaks
- Grand Canyon Education places CFO on leave amid stock trade probe
- Wattmore and Eos Energy strike non-exclusive storage software deal
- S&P 500, Nasdaq end down on tech stocks, investors weigh Iran moves
- Six Flags to move headquarters from Charlotte to Arlington, Texas
- Funds sell $44bn in semiconductors on AI concerns
Lordstown (RIDE) Surges After Naming Daniel Ninivaggi as CEO
August 26, 2021 10:12 AM EDTLordstown Motors (NASDAQ: RIDE) announced today that its Board of Directors has appointed Daniel A. Ninivaggi as CEO and as a member of the Board, effective immediately. Shares of the company surged nearly 30% higher following the news but remain 60% lower year-to-date.
Ninivaggis takes over for the company's founder and largest shareholder Steve Burns, who resigned as chief executive officer in June following the board's conclusions from an internal investigation into claims made by short-seller Hindenburg Research.
Ninivaggi is the former CEO of... More
Lordstown Motors (RIDE) Extends Gain, Now Up 37%
August 26, 2021 9:58 AM EDTLordstown Motors (NASDAQ: RIDE) Extends Gain, Now Up 37%
