Lordstown Motors hasn't delivered a single vehicle yet, but it is now a publicly-traded company. The electric-truck firm began trading on the NASDAQ Monday, under the ticker symbol "RIDE." Lordstown went public by merging with DiamondPeak Holdings, a special-purpose acquisition company (SPAC). These are essentially shell companies created... Lordstown Motors becomes publicly traded, before delivering its electric trucks
Lordstown Motors hasn't delivered a single vehicle yet, but it is now a publicly-traded company. The electric-truck firm began trading on the NASDAQ Monday, under the ticker symbol "RIDE." Lordstown went public by merging with DiamondPeak Holdings, a special-purpose acquisition company (SPAC). These are essentially shell companies created...