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A struggling electric vehicle (EV) penny stock is in full focus today after a major announcement. Lordstown Motors (NASDAQ: RIDE ) has been failing to garner any serious momentum for months, even as t
American EV developer Lordstown Motors is filing for Chapter 11 bankruptcy while suing iPhone manufacturer Foxconn over a failed deal. Yahoo Finance markets reporter Josh Schafer joins the Live show t
Ohio-based electric pickup truck maker Lordstown Motors filed for Chapter 11 on Tuesday and is taking legal action against Taiwanese manufacturer Foxconn.
Lordstown Motors Corp (NASDAQ:RIDE) shares plummeted 43% to $1.58 in early Tuesday trading after the struggling electric-vehicle (EV) maker announced that it has filed for Chapter 11 bankruptcy protec
Electric vehicle (EV) maker Lordstown Motors (NASDAQ: RIDE ) stock is trending on social media, and its shares are down 45% in early trading after the EV maker filed for Chapter 11 bankruptcy. The fir
Shares of Lordstown Motors plunged 48% on Tuesday after the company filed for bankruptcy.   The electric truck maker is also suing Foxconn for failing to live up to a deal to invest in the company.
Lordstown Motors (NASDAQ: RIDE ) stock is falling hard on Tuesday after the troubled electric vehicle (EV) company filed for bankruptcy. Specifically, Lordstown Motors filed for Chapter 11 bankruptcy

EV Startup Lordstown Files for Bankruptcy

08:52am, Tuesday, 27'th Jun 2023
The electric-truck maker was once cheered by investors during the SPAC boom and lauded by former President Donald Trump as a savior for a closed GM factory in Ohio.
Lordstown also said it would put itself up for sale amid an ongoing dispute with Taiwan's Foxconn.
The bankruptcy of electric vehicle maker Lordstown Motors Corp. RIDE, -7.21% doesn't appear to be scaring investors away from the stocks of other EV startups. Shares of Rivian Automotive Inc. RIVN, -0

5 Things to Know Before Markets Open

07:41am, Tuesday, 27'th Jun 2023
EV truck maker Lordstown Motors files for bankruptcy and online brokerage Robinhood cuts 7% of its workforce. Here's what investors need to know today.
Stock gainers: Tesla stock TSLA, -6.06% rose 2%, after dropping 6% on Monday following a ratings downgrade from Goldman Sachs.
Electric vehicle maker Lordstown Motors on Tuesday filed for bankruptcy protection and said it's suing former partner Foxconn.
The electric-truck start-up says it will sue the technology giant for fraud and breach of contract after an alleged agreement to purchase $170 million in shares of the EV company fell through.
Lordstown Motors, the EV maker, filed for bankruptcy protection Tuesday and announced a lawsuit against Foxconn, accusing its former partner of setting out to "destroy" its business.
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