Why Lucid Stock Fell Today

06:03pm, Wednesday, 23'rd Oct 2024
Interest rates and the anticipation of big news from Tesla played roles in Lucid stock's moves Wednesday.
Lucid's stock plunged today after the company decided to raise more funds by selling shares. The company's financials paint a poor picture but there are reasons to be optimistic about the company's fu

Lucid CEO Offers Weak Defense of Stock Sale

06:45am, Tuesday, 22'nd Oct 2024
24/7 Wall St. Insights Lucid Group Inc.'s (NASDAQ: LCID) CEO offered a weak defense for diluting the stock.
Lucid CEO Peter Rawlinson said on Monday that a stock sale announced last week will provide the electric luxury sedan maker with a "cash runway well into 2026."
Lucid Group announced a public offering last week to raise roughly $1.75 billion. CEO Peter Rawlinson said the raise was a timely, strategic business decision to ensure the EV maker has enough capital
Lucid Group (LCID) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revisi
Lucid Motors (NASDAQ: LCID) has had a rough week, with shares closing at $2.63 on Friday, down -0.060 (2.23%) for the day and -22.19% over the past five trading sessions.

Lucid Stock: Buy, Sell, or Hold?

06:00am, Sunday, 20'th Oct 2024
The upstart EV maker just scored another $1.5 billion investment, but it still makes just 9,000 vehicles a year.

Massive News for Lucid Stock Investors

06:15am, Saturday, 19'th Oct 2024
A stock sale to raise cash is sending share prices lower.
Lucid set a new record for deliveries while Rivian hit a speed bump -- but there's more to the story.
One group of stocks is being left out of the latest Wall Street rally.

Why Lucid Group Stock Is Going Downhill Today

12:48pm, Thursday, 17'th Oct 2024
A large secondary stock offering and a weak preliminary earnings report disappointed investors.
Shares of Lucid Group (LCID) plunged Thursday as the struggling luxury electric vehicle (EV) maker announced that it plans to sell about 637 million shares on the market and to investors for a total o
If you've been wondering when Lucid Motor's NASDAQ: LCID downtrend will resume and how deep the stock price can go, the answers are soon and much deeper. The latest news is more of the same as what wa
Lucid Group Inc (NASDAQ:LCID) shares plunged before Thursday's opening bell after the electric vehicle maker revealed plans to sell about 262.5 million shares of its common stock in a public offering.
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