: Lordstown stock rallies 21% after EV maker and Foxconn seal deal to sell Ohio plant, develop new vehicles
Marketwatch -

Shares of Lordstown Motors Corp. rallied more than 20% in the extended session Wednesday after the electric-vehicle maker cemented a deal to sell its plant to Foxconn for $230 million, providing Lordstown with much needed cash and giving the Taiwanese electronics contract maker a toehold in commercial EVs.

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