What caused the delisting of Lordstown Motors stock - was it political? #mxux #ride$ episode artwork

EPISODE · Apr 24, 2023 · 23 MIN

What caused the delisting of Lordstown Motors stock - was it political? #mxux #ride$

from MXUX · host m xux

Lordstown Motors (LEX, RIDE) and BlackRock (BLK) have had a short intense relationship which ended badly. One could ascribe pure business / finance reasons for the calamitous end of the relationship, but there are other dynamics as well.  You decide; BLK  did sink the LEX share price at a critical point in time  - That is certainly true - if you put your tinfoil hat on you may ask what is going on here? A thought exercise for this business case study… This is a link to my previous video on this relationship:  Lordstown Motors & Black Rock | New SEC Filing https://youtu.be/5VSMKZNk8 This is a link to a video from Stoic Finance just released with some interesting commentary on political ramifications: https://youtu.be/JzuMZpxzgK0 It may be important to note that April 21  2023 (Reuters) - BlackRock Inc (BLK.N) Chief Executive Officer Larry Fink sold nearly 7% of his stake in the asset management giant, netting proceeds of about $25 million. Good luck in the market - MXUX www.mxux.studio on the web. Just search Google for "MXUX Podcast" for podcasts of bonus material on TESLA, LMX, APTERA ... Buy Me a Coffee: ☕ https://www.buymeacoffee.com/mxux4realx 💵 Content on Patreon -- https://www.patreon.com/user?u=83602378 Disclaimer Please Read and Note: $RIDE (Lordstown Motors) is a high risk/risk on investment - please know and understand the risk associated with this security - do your own due diligence - presented materials are  not a recommendation to buy, sell or hold any security. Not an engineer, accountant, lawyer or financial advisor. This is not financial advice. Do not buy, sell or hold securities based on this information. This is a business case study. Please do your own DD and confirm the presented material to your own satisfaction. Lordstown Motors & Blackrock end relationship - with critical timing and critical results. #mxux #ride stock #blk #lex Lordstown Motors & Blackrock end relationship - with critical timing and critical results. #mxux #ride stock #blk #lex

Episode metadata supplied by the publisher feed · Published Apr 24, 2023

Embed this episode

Ready to play

What caused the delisting of Lordstown Motors stock - was it political? #mxux #ride$

0:00 23:03

No transcript for this episode yet

We transcribe on demand. Request one and we'll notify you when it's ready — usually under 10 minutes.

No similar episodes found.

No similar podcasts found.

Frequently Asked Questions

How long is this episode of MXUX?

This episode is 23 minutes long.

When was this MXUX episode published?

This episode was published on April 24, 2023.

Can I download this MXUX episode?

Yes. Use the download control on the episode player to save the publisher-provided media file.
URL copied to clipboard!