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Should you buy Lordstown Motors shares as its sells a factory to Foxconn?

Should you buy Lordstown Motors shares as its sells a factory to Foxconn?

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On Thursday, Lordstown Motors Corp (NASDAQ:RIDE) surged 10% amid reports the company has agreed on a deal to sell its Ohio plant. Sources familiar with the matter told Bloomberg the company has sealed a deal with Foxconn Technology Co. Ltd (TAI:2354) to sell the highly politicised factory.

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