Is Lordstown Motors (RIDE) as a startup pivoting? I'd say yes.
To save the company, Lordstown Motors sells its Ohio factory and the new buyer also goes in on $50 million in $RIDE common shares. But Lordstown keeps its intellectual property rights, hub motor assembly line, battery module, and other things.
This says pivoting to me.
Here are the Weekly Expected Moves for the main indices this week.
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Can #Salesforce (CRM) really achieve its projected 17% annual growth rate?
Let's see:
The #StockMarket started the week with a big drop and ended the week on an even bigger drop! WHY? The #FederalReserve!
Let's talk about it...
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