GM exits Lordstown Motors, selling stake at a loss

General Motors Co. sold its 7.5 million shares in startup Lordstown Motors Corp. in the fourth quarter, taking a loss on its investment in the struggling electric-truck startup. GM exited the stake over the course of the quarter, a company spokesman said Tuesday. That suggests GM received between about $26 million and $60 million, based […] March 03, 2022 at 06:46AM

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