EVsElectrekabout 1 hour ago
LiveWire Warns It May Not Survive
3 min read
LiveWire issued a substantial doubt warning about its ability to continue as a going concern, causing its stock to plunge more than 40% on Thursday. Despite a 38% revenue increase to $7.9 million and a 21% rise in unit sales, the company reported a net loss of $18.6 million for the quarter.
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