The hits just keep on coming for Lordstown Motors (NASDAQ: RIDE).
Lordstown Motors stock was one of the hot stories of 2020 as the electric truck maker came public via a merger with a Special Purpose Acquisition Company (SPAC).
They were going to revolutionize the market for electric trucks, and the future was full of battery-powered awesomeness.
Everything looked rosy.
Lordstown motors stock soared 190% after the SPAC merger last year.