Why Shares of Lordstown Motors Fell in December
Shares of Lordstown Motors (NASDAQ: RIDE) fell 18.5% in December, according to data provided by S&P Global Market Intelligence. The electric vehicle manufacturer's stock has been volatile since the company went public last year via a reverse merger, and December was no exception.
Lordstown was down for the month, but it wasn't a straight plunge. The company's shares fell more than 25% in the first 10 days of December, only to regain much of that loss in the week that followed, before heading south again in the month's final days.
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Source Fool.com
