A large secondary stock offering and a weak preliminary earnings report disappointed investors. Shares of Lucid Group (LCID -15.55%) shifted into reverse Thursday after the electric vehicle (EV) maker announced a secondary stock offering and released disappointing preliminary results for the third quarter Wednesday night. As of 12:41 p.m. ET, the stock was down 15.2%. Lucid faces more skepticism Investors tend to dislike secondary stock offerings as they dilute existing shareholders, and the weak thirdquart ...