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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.
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.
Shares of Lucid Group (NASDAQ: LCID) have been flying higher in recent weeks. That move continued in today's holiday-shortened trading session. After jumping more than 10%, Lucid shares held on to ...
The Stock Advisor service has more than quadrupled the return of S&P 500 since 2002*. See the 10 stocks » *Stock Advisor returns as of November 11, 2024. Chris Neiger has positions in Rivian ...
Lucid (NASDAQ: LCID) stock climbed in Thursday's trading. The electric vehicle ( EV ) company's share price ended the daily session up 4.5% and had been up as much as 7% earlier in the day's trading.
It has remained low volume as the price range begins at about $70,000 and goes up to $250,000. Lucid needs sales volumes to increase substantially to have any chance at long-term success.
It's selling approximately 262.4 million shares this week, which will dilute shareholders by about 11%. It has also entered into a separate agreement with its majority shareholder, an affiliate of ...
Lucid's flagship electric vehicle, the Air sedan, is being tested by a police agency.