Tag: share price movement

Lordstown stock plummets after electric-truck company warns about financial position

Lordstown Motors Corp. shares dropped more than 20% late Tuesday after the electric-vehicle company warned investors about its ability to continue functioning financially. In delayed quarterly and annual filings with the Securities and Exchange Commission that were made public Tuesday, Lordstown RIDE, -16.27% added a “going-concern” warning, which informs investors that it may not be […]

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Palo Alto Networks stock jumps 5.8% as high-profile hacks drive business

Palo Alto Networks Inc. shares rose 5.8% in premarket trade Friday, after the cybersecurity company reported results that topped Wall Street estimates and hiked its outlook for the year. Palo Alto Networks  PANW, +2.09%  reported a fiscal third-quarter loss of $145.1 million, or $1.50 a share, compared with a loss of $74.8 million, or 77 […]

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