ELMS - Why Electric Last Mile Stock Just Crashed
Shares of Electric Last Mile Solutions (NASDAQ: ELMS) , the electric delivery van company and recent SPAC IPO , skidded off the road Wednesday morning after the company announced simultaneous resignations of both its Chairman Jason Luo and its CEO James Taylor.
As of 11:45 a.m. ET, Electric Last Mile stock is down a whopping 37.1%
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Why Electric Last Mile Stock Just Crashed