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Lucid’s stock takes a dive
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’s stock takes a dive after EV maker warns of larger losses
Shares of Lucid Group Inc. fall 12% in the extended session Wednesday after the EV maker called for larger-than-expected operational losses and quarterly revenue that would be slightly ahead of forecast.
Why Lucid Group Stock Is Going Downhill Today
Shares of Lucid Group ( LCID -15.24%) shifted into reverse Thursday after the electric vehicle (EV) maker announced a secondary stock offering and released disappointing preliminary results for the third quarter Wednesday night. As of 12:41 p.m. ET, the stock was down 15.2%.
1d
on MSN
Lucid Stock Tumbles 18%. EV Maker Plans Huge Share Sale, Sees Wider Losses.
Lucid stock fell sharply Thursday after the electric-vehicle manufacturer said it planned a substantial public offering and ...
16m
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 ...
1h
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 ...
6h
What in the World Happened to Lucid and Rivian Deliveries?
Founded in 1993, The Motley Fool is a financial services company dedicated to making the world smarter, happier, and richer.
1d
Lucid stock offering underscores reliance on Saudi funding
Lucid Group (LCID) recent stock offering underscores the company's continue reliance on Saudi funding. Read more here.
1d
EV maker Lucid expects to raise $1.67 bln from stock sale
Cash-strapped electric luxury sedan maker Lucid said on Thursday a combined public offering and private placement of roughly ...
1d
Lucid Group’s Strategic Potential and Capital Needs Justify Hold Rating Amid Revenue Challenges and Production Ramp-Up
Bank of America Securities analyst John Murphy has reiterated their neutral stance on LCID stock, giving a Hold rating yesterday. John ...
1d
on MSN
Extremely unprofitable Bay Area carmaker Lucid grabs at $1.6 billion lifeline
Lucid, an extremely unprofitable Bay Area carmaker, is grabbing a $1.6 billion lifeline from investors, including the ...
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