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Why Lordstown Motors Shot Nearly 9% Higher Today

·2 min read
Why Lordstown Motors Shot Nearly 9% Higher Today
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Shares of electric vehicle (EV) company Lordstown Motors (NASDAQ: RIDE) were off to an electric start for 2022. On the year's first trading day Monday, the stock closed 8.7% higher, although the company did not report any fresh news. Rather, it was a highly encouraging development from a peer that seemed to put the zip in Lordstown shares.

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