Why Lordstown Motors Stock Fell in February
Shares of Lordstown Motors (NASDAQ: RIDE) fell 23.2% in February, according to data provided by S&P Global Market Intelligence, as investors fretted about the growing amount of competition in the electric vehicle sector.
The stock was up more than 20% in the first 10 days of the month, but lost nearly 40% of its value in the weeks that followed.
Source Fool.com