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Lordstown Motors Corp. stock jumped Thursday as the electric pickup-truck maker agreed to work out a deal for its Ohio factory with Taiwan’s Foxconn Technology Group.
Lordstown RIDE stock rose nearly 9% in after-hours trading after the deal was officially announced Thursday, and gained 8.4% in the regular session following a Bloomberg News report that the two parties were “near an agreement.” Thursday’s gain in the regular session pushed the stock to a 21.3% gain for September, its best monthly performance since January,…
