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Why Lucid (LCID) Stock Is Up Today
StockStory20d agoneutral
Why Lucid (LCID) Stock Is Up Today

Shares of luxury electric car manufacturer Lucid (NASDAQ:LCID) jumped 19.2% in the afternoon session after the company denied rumors that it was considering filing for bankruptcy or going private.

Why Lucid Group Plunged Today
Motley Fool21d agobearish
Why Lucid Group Plunged Today

The stock plunged on reports of possible bankruptcy, but Lucid officially rejected the rumors later in the day.

EV Maker Lucid Hires Firm to Advise on Turnaround
The Wall Street Journal21d agoneutral
EV Maker Lucid Hires Firm to Advise on Turnaround

Electric-vehicle startup Lucid Group has hired a financial adviser to counsel it on a turnaround, the company said Tuesday. AlixPartners, the financial adviser, will provide advice on “improving execution, strengthening operations and positioning Lucid to realize the full potential of its technology, products and innovation,” a Lucid spokesman said. Shares fell more than 15% on Tuesday following a report that Lucid could seek bankruptcy or go private.