Stocks

“Lucid Stock, Down About 44% This Year, Skyrockets Over 28% After CEO Goes on the Offensive Against Bankruptcy Report: ‘So Far From the Facts…'”

Lucid Group Inc. (NASDAQ:LCID) CEO Silvio Napoli on Wednesday slammed rumors of the automaker filing for bankruptcy following reports…

Lucid stock has been volatile since the beginning of the year. Year-to-date (YTD), Lucid stock has fallen nearly 44% to just under $6 per share.

However, following the CEO, as well as the company’s pushback against the reports, LCID rebounded over 28% and currently trades for $5.95 per share during pre-market trading on Thursday…”

https://finance.yahoo.com/markets/stocks/articles/lucid-stock-down-44-skyrockets-100617621.html

Leave a Reply