Lordstown Motors stock sinks after report calls pre-orders a ‘mirage’

Lordstown Motors shares plummeted Friday after a fiery short-seller accused the electric-vehicle startup of touting bogus pre-orders for its forthcoming pickup truck. The General Motors-backed company is the latest target of Hindenburg Research, which rose to prominence last September after publishing a damning report on Nikola, another buzzy electric-truck maker. Lordstown’s stock price plummeted as...

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