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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 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’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.
Lucid sparks selloff with plan for dilutive new stock sale, Q3 loss expectations
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 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.
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.
1d
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.
2d
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 ...
Electrek
3d
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 ...
2d
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.
4d
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 ...
4d
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 ...
TopSpeed
1d
Lucid Air Lease Deal Is So Affordable It's Hard To Say No
Brand-new EVs are very expensive when compared to their gas powered counterparts, but Lucid has made its cars more affordable ...
The Motley Fool on MSN
3d
Why Lucid Group Stock Is Going Downhill Today
Lucid
is selling more than 600 million new shares, which will significantly dilute shareholders. Its preliminary Q3 results ...
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