#reverse-stock-split

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Business
fromFast Company
3 days ago

LCID price: 1-for-10 reverse stock split couldn't save Lucid from sinking even more today

Lucid executed a 1-for-10 reverse stock split to avoid Nasdaq delisting, yet shares fell sharply and the company posted a larger quarterly net loss.
Business
from24/7 Wall St.
1 week ago

Lucid Shares Drop 80%

Lucid faces steep financial losses, weak sales, high-priced models, and intense competition, making its long-term viability in the U.S. EV market uncertain.
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