Lucid Motors denies report it’s considering bankruptcy
The company said the "rumors are completely false" after its stock sank more than 50% on a report that it was weighing the option.
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'Completely False': Lucid Denies Report That It's Weighing Bankruptcy After Shares Crash
A report that Lucid was considering bankruptcy triggered a massive selloff and an official denial from the automaker.
Lucid (LCID) denies rumors of bankruptcy after intraday share price crashed 50%
Lucid Motor has called a report claiming that the electric vehicle company was weighing bankruptcy 'completely false.'
Why Lucid Group Plunged Today
The stock plunged on reports of possible bankruptcy, but Lucid officially rejected the rumors later in the day.
Lucid rejects take-private, bankruptcy report after shares plunge
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Lucid denies bankruptcy, take-private rumors after stock plunges 41%
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