Cash-strapped electric luxury sedan maker Lucid (LCID.O) said on Thursday a combined public offering and private placement of ...
The company expects to report a loss from operations in the range of $765mn to $790mn for the quarter ended September 30 ...
Lucid, an extremely unprofitable Bay Area carmaker, is grabbing a $1.6 billion lifeline from investors, including the ...
Lucid Motors announced another capital raise via a share sale late Wednesday night as the California-based EV maker seeks ...
Lucid Group (NASDAQ:LCID) delivered what investors fear most: share dilution. That was the harsh reality shareholders faced ...
Separately, majority stockholder Ayar Third Investment Company, an affiliate of Saudi Arabia's Public Investment Fund, agreed to buy 375 million shares of common stock from Lucid in a private ...
Shares of Lucid Group dropped 20% in premarket trading following an announcement of a public offering of over 260 million ...
Lucid's stock is overvalued with a 2024 sales ratio of 9.2x, and profitability remains years away, making it a high-risk ...
Lucid Group shares are trading lower in Wednesday's after-hours session after the company announced an offering and corresponding investment by Ayar Third Investment Company, a major player in the ...
(Reuters) -Electric vehicle maker Lucid Group said it anticipates to report a bigger-than-expected loss for the third quarter ...
Cash-strapped electric luxury sedan maker Lucid said on Thursday a combined public offering and private placement of roughly ...
Lucid Group stock is spiraling Thursday after the EV maker said it is selling stock to raise cash. Here's why that's ...