The Lordstown executives sold the stock in the mid $20s per share, near its all-time high. The stock started to slip after the executive share sales. Shares fell more after the company's disappointing quarterly financial report. They fell even further in late March after Hindenburg Research, a firm that makes bets that the price of a company's stock will go down, questioned the validity of the contracts that Lordstown Motors was telling investors it had in hand. It also said that the an Endurance had caught fire on its first test drive.