Here's why Lucid stock is down 15% today
LCIDLucid (LCID) Finbold·2024-10-17 18:10

Lucid Motors (NASDAQ: LCID) hasn't exactly been a stock market performer in 2024, and its situation worsened after the closing bell on October 16, 2024. The downturn – which was 14.94% at press time on October 17 and saw LCID plummet to $2.79 – was triggered by a Wednesday announcement that the electric vehicle (EV) maker is conducting a new offering of just over 262 million shares. Market Summary > Lucid Group Inc Follow LCID stock 1-day and extended session price chart. Source: Google Additionally, Lucid ...