Lucid’s stock is down over 6% on Wednesday following the convertible note offering. Share prices have slipped 48% this year and are approaching an all-time low at around $15.85 per share.
Lucid Group's shares dropped over 6% following an $875 million convertible notes offering, with most proceeds earmarked to ...
Lucid Group ($LCID) shares fell about 7% on Wednesday after the electric vehicle maker announced a fresh $875 million ...
Lucid intends to utilize approximately $752 million of the proceeds from this offering to repurchase older convertible notes due in 2026. This strategy not only extends the maturity of the company’s ...
Garrett Nelson, an analyst at CFRA, has been tracking Lucid stock since its public debut in 2021. Initially optimistic, he set a price target of $25 per share, reflecting confidence in Lucid's luxury ...
Lucid Group, Inc. (Nasdaq: LCID) today announced the pricing of its offering of $875,000,000 aggregate principal amount of 7.00% convertible senior notes due 2031 in a private offering to persons ...
Detailed price information for Uber Technologies Inc (UBER-N) from The Globe and Mail including charting and trades.
Shares of Lucid are trading higher Wednesday morning as investors anticipate the company's third-quarter earnings report.
On Thursday, analyst firm Cantor Fitzgerald maintained its Neutral rating on Lucid shares, but cut its price target from $26 ...
Garrett Nelson, an analyst at CFRA, has covered Lucid stock since 2021 -- the year Lucid went public through a merger with Churchill Capital Corp. IV. At the time, Nelson was fairly bullish. His price ...
When Lucid (NASDAQ: LCID) burst onto the investment scene in 2020, there was a lot of excitement surrounding the company and its high-end electric cars. Some of the excitement was warranted, ...
The struggling EV maker has been traveling a tortuous path. One expert believes Lucid shares could fall by 50% next year. Another, more optimistic analyst says shares are a strong buy. Garrett Nelson, ...
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