Lordstown Motors Stock Was a Royal Letdown – Save Yourself Now
June 16, 2021 at 14:22 PM EDT
The hits just keep on coming for Lordstown Motors (NASDAQ: RIDE). Lordstown Motors stock was one of the hot stories of 2020 as the electric truck maker came public via a merger with a Special Purpose Acquisition Company (SPAC). They were going to revolutionize the market for electric trucks, and the future was full of battery-powered awesomeness. Everything looked rosy. Lordstown motors stock soared 190% after the SPAC merger last year. However, a few small problems have tanked the stock all the way back down... Tags: stocks to sell The post Lordstown Motors Stock Was a Royal Letdown – Save Yourself Now appeared first on Money Morning - We Make Investing Profitable .