BUZZ-Lordstown Motors skids on delisting notice from Nasdaq

Reuters2023-06-29

** Shares of electric truck maker Lordstown Motors fall 5.7% to $1.9 before the bell

** Co receives delisting notice from Nasdaq; says trading in class A common stock will be suspended on July 7, 2023

** Notice comes two days after co filed for bankruptcy protection, after failing to resolve a dispute over a promised investment from Taiwan's Foxconn

** RIDE has fallen 23.5% since it filed for bankruptcy protection; down nearly 88% YTD

(Reporting by Shristi Achar A in Bengaluru)

((Shristi.AcharA@thomsonreuters.com;))

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