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Analyzing The Price Action In Lordstown Motors Stock Today

January 11, 2021 10:41 am
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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.

Benzinga Pro provides investors with timely and accurate explanations of why a stock is moving. Subscribe to receive real-time alerts explaining stock price movements. Click here to learn more.

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