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Why Romeo Power Stock Is Plummeting Today

·2-min read
Why Romeo Power Stock Is Plummeting Today

Shares of Romeo Power (NYSE: RMO) are sinking amid a day of sell-offs for the broader market. In addition to bearish pressures impacting the market, Romeo Power stock also seems to be losing ground due to a recently announced change for its management team. Romeo Power's recent press release stated that Anne Devine will take over the COO position roughly a month from today.