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Why Lordstown Motors Tanked 23.7% in June

Why Lordstown Motors Tanked 23.7% in June

Shares of Lordstown Motors (NASDAQ: RIDE) dipped 23.7% in June, according to data from S&P Global Market Intelligence. As of this writing, shares of Lordstown Motors are down 85.5% in the past year. There wasn't any big direct news that came from Lordstown Motors this month, but investors decided to sell off shares anyway.