Analyzing The Price Action In Lordstown Motors Stock Today
Lordstown Motors's Stock Price And Volume Action
Lordstown Motors's (NASDAQ:RIDE) stock is trading up 5.64% to a price of $23.14. The stock's current volume for the day is 3.96 million, which is approximately 40.01% of its previous 30-day average volume of 9.89 million.
Why It's Moving
Benzinga Pro's real-time breaking news service shows some insight into what is affecting shares: Lordstown Motors shares are trading higher after the company announced 100,000+ preorders for its all-electric pickup truck for fleets.
Perspective On Recent Price Action
The moving average price of the stock over the past 50 days was $20.67 at the time this article was published. In the past fifty-two weeks, the stock price has been as high as $30.75 and as low as $12.8.
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