Lucid shares plunged 40% on a bankruptcy rumour from an EV blog. The denial came hours later.
Lucid Motors stock fell more than 40% at one point on Tuesday and was halted for volatility multiple times after an EV-focused publication reported the company was considering going private or filing for Chapter 11 bankruptcy protection. The stock recovered some losses and closed down 16% at $4.62…
No discussion yet. Be the first to share your thoughts!