Why Hyliion, Lordstown Motors, and Workhorse Group Stocks Are Down Today

John Rosevear, The Motley Fool
·3-min read
Why Hyliion, Lordstown Motors, and Workhorse Group Stocks Are Down Today

Shares of several companies involved with electric commercial vehicles were trading lower on Monday, after electric big-rig start-up Nikola (NASDAQ: NKLA) announced a deal with General Motors (NYSE: GM) that fell far short of investors' expectations. Hyliion Holdings (NYSE: HYLN) was down about 15.9%. Lordstown Motors (NASDAQ: RIDE) was down about 6.8%.