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...

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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