Lordstown Motors Lower Premarket Amid Concerns over Survival

Lordstown Motors Lower Premarket Amid Concerns over Survival

By Dhirendra Tripathi

Investing.com -- Lordstown Motors (NASDAQ:RIDE) shares were lower in Wednesday's premarket, a day after the company warned investors that it is close to running out of cash and may go out of business during the next year.

Shares of the electric truck maker fell over 2% ahead of the open, after slumping 16% on Tuesday and continuing to drop in after hours trading.