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Why Arrival, Cenntro Electric, and Lordstown Motors Shares Are Down Today

·2 min read
Why Arrival, Cenntro Electric, and Lordstown Motors Shares Are Down Today
In this article:
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There were several catalysts for the sell-off, including rising interest rates and geopolitical concerns. Traders and investors seemed eager to exit high-risk positions, a category that includes many EV-related stocks. Cenntro Electric Group (NASDAQ: CENN) was down about 10.5%.