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	Podcast:		Patrick Boyle On Finance
	Episode:		Lordstown Motors Executives Sold $8 Million of Stock Before Bad News Broke
	Category:		Business
	Duration:		00:11:05
	Publish Date:		2021-06-23 22:00:00
	Description:		Members of the leadership team at Lordstown Motors appear to have sold large amounts of company stock just before reports of various troubles at the company became public. Five top Lordstown executives—including president Rich Schmidt, now former chief financial officer Julio Rodriguez, and propulsion head Chuan "John" Vo—sold some of their shares worth a total of more than $8 million in early February when the stock was worth around $24 a share. Today, it's worth around $10. Patrick's Books: Statistics For The Trading Floor: https://amzn.to/3eerLA0 Derivatives For The Trading Floor: https://amzn.to/3cjsyPF Corporate Finance: https://amzn.to/3fn3rvC Patreon Page: https://www.patreon.com/PatrickBoyleOnFinance Visit our website: www.onfinance.org Follow Patrick on Twitter Here: https://twitter.com/PatrickEBoyle Patrick Boyle YouTube Channel Support the show (https://www.patreon.com/PatrickBoyleOnFinance)
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