Lordstown Motors' annual shareholder meeting started at noon and lasted less than 10 minutes.
Lordstown Motors' stock dropped below $5 a share for the first time ever, hitting a new 52-week low Thursday.
Lordstown Chairwoman Angela Strand confirmed the company's plans for limited production of its Endurance EV pickup truck beginning next month. But provided no new information. Shares of the embattled electric vehicle start-up were down by as much as 5.5% immediately following the noon meeting, before dropping further during trading early afternoon to $4.92 a share, down 6.6%. The stock is down about 75% in 2021. The shares rebounded somewhat in afternoon trading
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