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Why Arrival, Cenntro Electric, and Lordstown Motors Shares Are Down Today

Why Arrival, Cenntro Electric, and Lordstown Motors Shares Are Down Today

There were several catalysts for the sell-off, including rising interest rates and geopolitical concerns. Traders and investors seemed eager to exit high-risk positions, a category that includes many EV-related stocks. Cenntro Electric Group (NASDAQ: CENN) was down about 10.5%.