NASDAQ:RIDE

RideNow Shares Watch After $35M Financing Deal

RideNow Shares Watch After $35M Financing Deal

RideNow shares closed at $7.81 Friday, down 1.01% on the day and 1.26% for the week. The company secured an extra $35 million in floorplan financing from Wells Fargo, raising its credit line to $135 million. First-quarter revenue rose 6.4% to $260.4 million, but net cash used in operations jumped to $27.6 million. U.S. markets are closed Monday for Memorial Day.
May 24, 2026

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