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 projected wider-than-expected losses for the third quarter.Shares plummeted 15% to $2.
Lucid Sparks Selloff With Plan for Dilutive New Stock Sale, Q3 Loss Expectations
(Reuters) -Electric vehicle maker Lucid Group said it anticipates to report a bigger-than-expected loss for the third quarter and announced a public offering of over 262 million shares, sending its shares down 12% in after-market trading on Wednesday.
Lucid stock tumbles following public offering of nearly 262.5 million shares
Lucid intends to use the proceeds "for general corporate purposes, which may include, among other things, capital expenditures and working capital."
Lucid Shares Tumble 20% After Announcing Public Stock Offering Of Over 260 Million Shares
Shares of Lucid Group dropped 20% in premarket trading following an announcement of a public offering of over 260 million shares. The electric vehicle startup’s move comes alongside a deal with its largest shareholder,
Lucid Shares Plunge on Stock Sale
Lucid stock plunged on news that it would sell stock to raise cash. The electric vehicle maker's prospects don't look good. Here's why.
Lucid shares drop on 262M stock offering
Lucid Group (NASDAQ:LCID) plans to sell more than 262M new shares, according to a recent filing with the U.S. Securities and Exchange Commission. The offering will be conducted from time to time in one or more transactions.
Lucid Slumps on Plan to Sell 262.4 Million Shares
Lucid Group Inc. shares slid after the electric-vehicle maker said it plans to sell 262.4 million shares of common stock in a ...
Lucid’s stock climbs, boosted by jump in vehicle deliveries
Monday after the electric-vehicle maker reported a jump in vehicle deliveries. During the quarter ending Sept. 30, Lucid ...
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 ...
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 ...
Lucid beats quarterly deliveries estimate as price discounts boost demand
Lucid Group beat market expectations for third-quarter deliveries on Monday, as discounts and cheaper financing options for ...
Lucid’s Share Price Drops 15% As Company Issues New Stock
Detailed price information for Lucid Group Inc (LCID-Q) from The Globe and Mail including charting and trades.
Lucid: Some Respite, But Don't Celebrate Too Early (Rating Upgrade)
Lucid Group, Inc. stock has outperformed since its lows in April 2024, likely stunning bearish investors. Click here to read ...
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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.
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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 ...
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Lucid Logs Record Q3 Deliveries: Is This Penny Stock a Buy Now?
As LCID hits record delivery numbers in the third quarter, let's assess its fundamentals to find out if this sub-$5 stock is ...