CFRA Reiterates Sell Rating on Lucid Group Inc. (LCID)

Go back to CFRA Reiterates Sell Rating on Lucid Group Inc. (LCID)

Lucid Group (LCID) Announces Pricing of Public Offering of Common Stock and Corresponding Investment by an Affiliate of PIF for Aggregate Gross Proceeds of Approximately $1.67 Billion

October 17, 2024 7:52 AM EDT

Lucid Group, Inc. (Nasdaq: LCID; "Lucid") announced today that it priced its underwritten public offering of 262,446,931 shares of its common stock. The underwriter may offer the shares of common stock from time to time for sale in one or more transactions to purchasers directly, through agents or through brokers in brokerage transactions on Nasdaq, in the over-the-counter market, through negotiated transactions or in a combination of such methods, or otherwise at a fixed price or prices, which may be changed, at market prices prevailing at the time of sale, at prices... More

Lucid stock tumbles on capital raise and preliminary Q3 results

October 17, 2024 4:45 AM EDT

Investing.com -- Shares in Lucid Group (NASDAQ: LCID) fell starkly after the electric vehicle (EV) maker warned it expects to report a larger-than-anticipated loss for the third quarter and announced a public offering of more than 262 million shares.


The news sent Lucid stock tumbling more than 14% in premarket trading Thursday.


Moreover, Saudi Arabias Public Investment Fund (PIF), Lucids largest shareholder, revealed plans to purchase 374.7 million shares, aiming to maintain its nearly 59% ownership... More

Lucid Group (LCID) call put ratio 1 call to 1 put into share price lower after the bell

October 17, 2024 1:29 AM EDT

Lucid Group (NASDAQ: LCID) 30-day option implied volatility is at 97; compared to its 52-week range of 59 to 141 into share price lower after the bell. Call put ratio 1 call to 1 put.

... More

Lucid Group (LCID) Announces Public Offering of Common Stock and Corresponding Investment by an Affiliate of PIF

October 16, 2024 4:35 PM EDT

Lucid Group, Inc. (Nasdaq: LCID; "Lucid") announced today the commencement of a public offering of 262,446,931 shares of its common stock. The underwriter may offer the shares of common stock from time to time for sale in one or more transactions to purchasers directly, through agents or through brokers in brokerage transactions on Nasdaq, in the over-the-counter market, through negotiated transactions or in a combination of such methods, or otherwise at a fixed price or prices, which may be... More

Lucid Group (LCID) files mixed shelf

October 16, 2024 4:28 PM EDT

Lucid Group (NASDAQ: LCID) has filed mixed shelf of:
Common Stock
Preferred Stock
Depositary Shares
Debt Securities
Warrants
Subscription Rights
Purchase Contracts
and
Purchase Units

... More