Why Lordstown Motors's Stock is Up During Today's Session

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Lordstown Motors's Stock Price And Volume Action

Lordstown Motors's RIDE stock has been rising Tuesday, up 7.46% to a price of $21.63. The stock's volume is currently 1.47 million, which is roughly 17.89% of its recent 30-day volume average of 8.23 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, and Holman Enterprises, announced a co-marketing agreement and an expanded alliance.

Insights On Recent Price Action

The moving average price of the stock over the past 50 days was $23.59 at the time this article was published. In the past fifty-two weeks, the stock price has been as high as $31.57 and as low as $12.8.

If you're looking for timely and concise explanations of why a stock is moving, check out Benzinga Pro. Subscribers get ‘Why Is It Moving' alerts as soon as our research team identifies the cause of the price action in a stock. Click here to learn more.

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