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Lordstown Motors

Top execs at Lordstown Motors sold $8 million worth of stock a month before reporting disappointing financial results, according to the Wall Street Journal. The disclosure of the sales comes only a week after the resignations of the firm's CEO and CFO. Lordstown says a special committee concluded that the sales were "made for reasons unrelated to the performance of the company." Sign up here for our daily newsletter, 10 Things Before the Opening Bell.

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Continue Reading Lordstown Motors insiders reportedly sold $8 million of stock ahead of bad news that sent shares of the EV maker plummeting