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

Why Hyliion, Lordstown Motors, and Workhorse Group Stocks Are Down Today
John Rosevear, The Motley Fool

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%.