Lordstown Motors Tanks as Wall Street Abandons Its Stock

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Updated Oct. 5, 2021 10:05 americium ET / Original Oct. 5, 2021 7:12 americium ET

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It’s been a unsmooth thrust lately for Lordstown Motors—and it isn’t getting immoderate easier.

Monday evening, Morgan Stanley expert Adam Jonas downgraded shares of Lordstown (ticker: RIDE) to Sell from Hold. He chopped his terms people to $2 a stock from $8.

Lordstown banal is 8.8% to $5.34 Tuesday morning. S&P 500 and Dow Jones Industrial Average futures...

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