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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 18% to $2.
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.
Lucid’s stock takes a dive after EV maker warns of larger losses
Lucid’s stock took a deep dive in early Thursday trading, after the EV maker called for larger-than-expected operational losses and quarterly revenue that would be slightly ahead of forecasts.
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.
Reuters on MSN
5h
Lucid says its stock sale will provide 'cash runway' well into 2026
DETROIT, Oct 21 (Reuters) -
Lucid
(LCID.O), opens new tab CEO Peter Rawlinson said ... Autos & Transportationcategory GM, ...
Electrek
4d
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 ...
3d
on MSN
Why Lucid Motors, Nio, and Li Auto Stocks All Crashed This Week
Founded in 1993, The Motley Fool is a financial services company dedicated to making the world smarter, happier, and richer.
2d
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 ...
4d
on MSN
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 ...
5d
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 ...
4d
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 ...
autoevolution
6d
2026 Lucid 'Earth' Gets Shown As a Mid-Size Crossover SUV, Albeit Only in Fantasy Land
Avarvarii Automotive Artworks (aka 'avarvarii' on social media) has taken a good, extended look at Lucid's plans for EV world ...
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