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 investment. Learn more on LCID stock here.
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
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. The Motley Fool reaches millions of people every month through our premium investing solutions, free guidance and market analysis on Fool.com, top-rated podcasts, and non-profit The Motley Fool Foundation.
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 important to investors.
Lucid Group Sees $1.67B in Proceeds from Stock Sale
PIF's purchase is contingent on Lucid completing the public stock sale. The public offering is expected to close on or about Oct. 18. Lucid said it expects to use the net proceeds from the offering and private placement by its majority shareholder for general corporate purposes,
Why Lucid Group Stock Is Going Downhill Today
Lucid faces more skepticism. Investors tend to dislike secondary stock offerings as they dilute existing shareholders, and the weak third-quarter results show Lucid is still a lon
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 ...
Finbold | Finance in Bold1d
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.
Analysis
Is Lucid Group Nearing the Bottom? What Investors Should Know
The short interest in Lucid stock is down from its highs in 2021 but remains high at nearly 30%. Because there have been no bullish catalysts and the share sales are a dilutive influence, investors ...
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 ...
electrive1d
Lucid sells off common stock to raise capital
US carmaker Lucid Motors is looking to offer 262 million shares of common stock, hoping to raise up to 860 million dollars in ...
Lucid stock slides after pricing securities offering
Lucid Group (LCID) shares fell 17% after announcing a securities offering to raise $1.67B for corporate purposes, including ...
EV maker Lucid expects to raise $1.67 bln from stock sale
Cash-strapped electric luxury sedan maker Lucid said on Thursday a combined public offering and private placement of roughly ...
EV-maker Lucid Group's shares drop following operational losses
California-based Lucid Group's shares price dropped by 10% during after-hours trading Wednesday after announcing ...
Hosted on MSN6h
Lucid (NASDAQ:LCID) Is Outpacing Luxury EV Competitors, According to CEO
Lucid Group ($LCID) may be struggling right now, but according to CEO Peter Rawlinson, it is still outpacing many luxury EV ...