Markets

Lordstown Motors spikes 19% after SPAC merger kicks off public trading

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 […]
Lordstown Motors spikes 19% after SPAC merger kicks off public trading