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Shares of Lucid Group (NASDAQ: LCID) were trading sharply higher on Monday, just days after the company began production of its long-awaited second luxury electric vehicle. As of 1 p.m. ET, Lucid ...
As a result of these moves, Lucid stock slid 16% in midday trade. The stock offerings come only two months after Ayar gave Lucid a cash infusion of around $1.5 billion.
The combined company's stock opened at $25.24 on the first day. It more than doubled to a record high of $55.52 four months later, but now trades at roughly $2 a share.
Lucid (NASDAQ:LCID) stock hasn’t been doing so hot this week with shares falling more than 25% since Monday. Source: Lucid Group For the record, it’s not just LCID stock that is falling this week.
What’s going on with Lucid Motors (NASDAQ:LCID) stock today? Shares of the electric vehicle (EV) maker are down 4% as the S&P 500 declines by over 1.5%. Source: gg5795 / Shutterstock.com ...
Lucid (NASDAQ: LCID) wanted to raise its cash balance ahead of the launch of its Gravity SUV. *Stock prices used were the afternoon prices of Oct. 16, 2024. The video was published on Oct. 18, 2024.
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Thursday seems a mighty fine day to own automotive stocks, as positive economic data combine with company-specific news to lift shares of Tesla (NASDAQ: TSLA), Lucid Group (NASDAQ: LCID), and ...
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