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Lucid Group, Inc. (LCID)
After hours:
| Previous Close | 3.2800 |
| Open | 2.7400 |
| Bid | 0.0000 x 0 |
| Ask | 0.0000 x 0 |
| Day's Range | 2.6500 - 2.9000 |
| 52 Week Range | 2.2900 - 5.3100 |
| Volume | |
| Avg. Volume | 35,358,087 |
| Market Cap | 6.238B |
| Beta (5Y Monthly) | 1.05 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -1.1800 |
| Earnings Date | Nov 07, 2024 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 3.27 |
Yahoo FinanceLucid stock tanking as EV maker announces share sale ahead of SUV launch
Lucid Motors announced another capital raise via a share sale late Wednesday night as the California-based EV maker seeks further runway ahead of the release of its upcoming electric SUV.
- Yahoo Finance Video
Lucid shares sinking on Q3 loss forecast, stock offering
Shares of Lucid Group (LCID) are plummeting Thursday following two significant announcements. First, the electric vehicle manufacturer projected a wider-than-expected third quarter loss. Second, the company revealed plans for a public stock offering of nearly 262.5 million additional shares, which could raise approximately $1.67 billion. Yahoo Finance Autos Reporter Pras Subramanian breaks down the details of these developments. To watch more expert insights and analysis on the latest market action, check out more Catalysts here. This post was written by Angel Smith
