BusinessfromFast Company3 days agoLCID price: 1-for-10 reverse stock split couldn't save Lucid from sinking even more todayLucid 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.
Businessfrom24/7 Wall St.1 week agoLucid 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.