Why Lordstown Stock Is Up Today

·2 min read
Why Lordstown Stock Is Up Today

The situation at Lordstown Motors (NASDAQ: RIDE) is not as dire as some fear, according to the company's executives, helping the shares to rebound Tuesday after a miserable performance a day earlier. Lordstown shares traded up as much as 14% on Tuesday on hope the electric vehicle maker will have enough cash to bring its truck to market. Lordstown has been traveling down a rough stretch of road of late.

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