RIDE Market Cap History Table | ||||||||||||||||||||||
Also see: RIDE Shares Outstanding History and RIDE YTD Return |
RIDE Market Cap History Table | ||||||||||||||||||||||
Also see: RIDE Shares Outstanding History and RIDE YTD Return |
RIDE Market Cap History Chart | ||||||||||||||||||||||||||||||
-38.71% CAGR Mouse over chart for data details
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RIDE Stock Price Chart |
About Lordstown Motors Corp |
Lordstown Motors is an original equipment manufacturer of electric light duty vehicles focused on the commercial fleet market. Co. is engaged in developing its primary vehicle, the Endurance, an electric full-size pickup truck. The Endurance has four electric in-wheel hub motors. Co. has a supply and licensing agreements with Elaphe Propulsion Technologies Ltd. to produce the initial batch of required hub motors. Each hub motor and inverter pair are controlled by a central supervisory powertrain controller that manages traction, slip and efficiency on an axial basis. Co. has developed its own proprietary powertrain controller software and algorithms using instantaneous torque control. We show 10 historical shares outstanding datapoints in our RIDE shares outstanding history coverage, used to compute RIDE market cap on those dates. Understanding the changing numbers of shares outstanding, the changing share price, and the resulting changing RIDE market cap history over the course of time is important for investors interested in comparing RIDE's market cap history versus its peers. Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies, and then calculating their respective market caps. Comparing the share price of RIDE versus a peer is one thing; comparing RIDE market cap versus a peer is a completely different story. Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares), the market cap for a company like RIDE can fluctuate over the course of history. With this page we aim to empower investors researching RIDE by allowing them to research the RIDE market cap history. |
RIDE Current Stock Quote |
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Video: The Importance of Market Cap | |
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RIDE Share Performance |
Market Cap Peers |
Lordstown Motors (RIDE) is categorized under the Consumer sector; to help you further research historical market cap numbers, below are some other companies in the same sector:
RL Market Cap History |
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