Lordstown forecast that production of its Endurance truck this year would be "at best" 50% of its previous expectations.
Since Monday, shares of Fisker, Nikola, and Canoo were up as much as 20%, 17%, and 8%, respectively.
Electric truck maker Lordstown Motors dropped 23% after Hindenburg Research revealed a short position in the company that has "misled investors."
Lordstown Motors surged as much as 19% after shares began trading publicly on Monday. The company, which trades under the ticker RIDE, completed a reverse merger with a special-purpose acquisition company, or SPAC, last week and is set to receive $US675 million in proceeds from the deal. Lordstown enjoyed time […]