The EV start-up tumbled after revealing it received "requests for information" from the SEC regarding a report from short-seller Hindenburg Research.
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 […]