Lucid Motors, EV
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.
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.
Saudi-backed EV maker Lucid expects to raise $1.67bn from stock offering
The company expects to report a loss from operations in the range of $765mn to $790mn for the quarter ended September 30
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.
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.
EV maker Lucid expects to raise USD 1.67 bn from stock sale
Lucid expects to report a loss from operations in the range of USD 765 million to USD 790 million for the quarter ended Sept. 30, compared with analysts' estimates of USD 751.7 million, according to data compiled by LSEG.
Lucid stock tanking as EV maker announces share sale ahead of SUV launch
Lucid Motors 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 electric SUV.
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 637 million shares would likely fetch it $1.67 billion.
Electrek13h
Lucid chief says despite slower-than-expected EV market, it’s still outpacing luxury rivals
Despite admitting “the market is tough,” Lucid Motor’s (LCID) CEO Peter Rawlinson said the luxury EV maker is outpacing its ...
Lucid’s stock takes a dive after EV maker warns of larger losses
Shares of Lucid Group Inc. fall more than 10% in the extended session Wednesday after the EV maker called for ...
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 ...
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 Group Stock: Enough Is Enough
Lucid's stock is overvalued with a 2024 sales ratio of 9.2x, and profitability remains years away, making it a high-risk ...