Lucid denies rumors of bankruptcy after over 40% stock drop

Electric vehicle maker Lucid Group has denied rumors of an imminent bankruptcy after a report from this morning sent the stock on a dramatic drop on Wall Street, seeing losses of more than 40 percent during trading hours. Lucid’s Director of Communications, Nick Twork, responded to the report fromĀ Eletric-Vehicles.com, which stated the company’s restructuring advisor, … Continue reading Lucid denies rumors of bankruptcy after over 40% stock drop