EV maker stocks rise in face of Lordstown bankruptcy

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EV maker stocks rise in face of Lordstown bankruptcy
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The bankruptcy of electric vehicle maker Lordstown Motors Corp. doesn’t appear to be scaring investors away from the stocks of other EV startups. Shares of...

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The bankruptcy of electric vehicle maker Lordstown Motors Corp.

tacked on 0.8% in premarket trading Tuesday, Lucid Group Inc. gained 2.7% and Fisker Inc. FSR advanced 1.0%., even as Lordstown shares plunged 61.3%. Though not a start up, EV giant Tesla Inc.’s stock TSLA bounced 0.7%, after it slumped 6.1% on Monday to start an official “correction.” Meanwhile, China-based EV makers also saw their shares rise, with Nio Inc.’s stock NIO up 2.9% ahead of Tuesday’s... The bankruptcy of electric vehicle maker Lordstown Motors Corp.

tacked on 0.8% in premarket trading Tuesday, Lucid Group Inc.

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