Lucid Shares Sink on Stock Sale, Loss Warning
Lucid shares dropped after the electric-vehicle maker said it would shore up its finances by issuing new stock and warned of a larger-than-expected loss. The carmaker plans to sell more than 260 million shares in a public offering,
Lucid Group Stock Tanks on Share Sale, Bigger-Than-Expected Projected Loss
Lucid Group announced it would be selling approximately 637 million shares in a public offering and to its largest shareholder.
Lucid stock tanking as EV maker announces share sale ahead of SUV launch
Lucid Motors (LCID) stock is sliding after the EV-maker announced another capital raise via a share sale late Wednesday night, as the California-based EV maker seeks further runway ahead of the release of its upcoming EV SUV.
EV-maker Lucid Group's shares drop following operational losses
California-based Lucid Group's shares price dropped by 10% during after-hours trading Wednesday after announcing larger-than-expected operational losses during the third quarter.
EV maker Lucid expects to raise $1.67 billion from stock sale
(Reuters) -Cash-strapped electric luxury sedan maker Lucid said on Thursday a combined public offering and private placement of roughly 637 million shares would likely fetch it $1.67 billion. The stock sale as well as its latest warning of a bigger-than-expected loss for the third quarter sent Lucid shares down as much as 16.
EV maker Lucid selling more stock to raise cash ahead of SUV launch
Lucid Motors (LCID) announced another capital raise via a share sale late Wednesday night as the California-based EV maker seeks further runway ahead of the release of its upcoming EV SUV. Lucid said it will offer up to 262,
Lucid stock tumbles following public offering to raise $1.67 billion
Lucid intends to use the proceeds "for general corporate purposes, which may include, among other things, capital expenditures and working capital."
Why Lucid Group Stock Is Plunging Today
Lucid Group stock is spiraling Thursday after the EV maker said it is selling stock to raise cash. Here's why that's ...
Lucid CEO Peter Rawlinson Talks Saudi Investment, Elon Musk's Political Views And Taking Business From Tesla
Peter Rawlinson, CEO of Lucid Group, discussed the company's relationship with the Public Investment Fund (PIF) of Saudi ...
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Here’s why Lucid’s (LCID) stock is crashing today
Lucid Motors (LCID) stock was down as much as 20% during Thursday’s pre-market after the company announced plans to sell ...
What in the World Happened to Lucid and Rivian Deliveries?
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Here’s why Lucid stock is down 15% today
Things just went from bad to worse for Lucid Motors stock as it plummeted 15% in the extended session; Here's why.
Lucid’s Share Price Drops 15% As Company Issues New Stock
The stock of Lucid Group (LCID) is down 15% after the electric vehicle maker announced that it is selling an additional 262.5 ...
Stock Market Today: Dow Gains on Strong September Retail Sales
Taiwan Semiconductor Manufacturing's earnings beat and solid outlook created tailwinds for several chip stocks.
Massive News for Lucid Stock Investors
On rare occasions, our expert team of analysts issues a “Double Down” stock recommendation for companies that they think are about to pop. If you’re worried you’ve already missed your chance to invest ...