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The Latest Breaking News from Romeo Power Inc

Is Romeo Power a Buy Under $1?

Currently trading at less than $1, the shares of energy storage solutions provider Romeo Power (RMO) are down 77.2% in price year-to-date on the company’s negative profit margins and poor financial performance. But because the company has made several strategic advances on the operational front, can its shares rebound in…

StockNews.com · May 31, 2022

Romeo Power Bags Lithium Battery Supply Contract From EV Manufacturer

Romeo Power Bags Lithium Battery Supply Contract From EV Manufacturer

Romeo Power Inc (NYSE:RMO) has bagged a lithium-ion batteries supply contract from a U.S. manufacturer of Low-Speed Electric Vehicles (LSEVs). The financial terms were not disclosed. Romeo will be the sole provider of batteries for the manufacturer's next-generation vehicle. Romeo Power CEO Susan Brennan stated, "This partnership allows Romeo to fulfill our customer's need…

Benzinga · May 6, 2022

Analyzing Romeo Power Inc. Class A Common Stock's Short Interest

Analyzing Romeo Power Inc. Class A Common Stock's Short Interest

Romeo Power Inc. Class A Common Stock's (NYSE:RMO) short percent of float has fallen 12.93% since its last report. The company recently reported that it has 33.16 million shares sold short, which is 29.44% of all regular shares that are available for trading.

Benzinga · Mar 30, 2022

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Romeo Power Partners With Wrightspeed For Fleet Electrification

Romeo Power Inc (NYSE:RMO) said it is working with electric vehicle (EV) powertrain manufacturer, Wrightspeed, to accelerate electrification in the bus and medium and heavy-duty truck market. The parties will leverage Romeo Power's high-capacity battery packing and module technology along with Wrightspeed's high torque, high-efficiency powertrain system. The companies intend to develop and sell…

Benzinga · Mar 11, 2022

Romeo Power Appoints Anne Devine As COO

Romeo Power Inc (NYSE:RMO) has appointed Anne Devine as Chief Operating Officer and Rose Rogers as Chief People Officer. Devine and Rogers will report directly to CEO Susan Brennan. Devine began her role as COO on January 17, 2022, and will be responsible for managing Romeo's operating and production capabilities. Devine will replace…

Benzinga · Jan 18, 2022

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