There has been a guessing game recently about when small EV companies will run out of money.
In the latest trading session, Lucid Group (LCID) closed at $21.1, marking a +2.93% move from the previous day.
Lucid Group (LCID) concluded the recent trading session at $19.28, signifying a -3.14% move from its prior day's close.
Lucid Group, Inc. (NASDAQ:LCID ) Morgan Stanley's 13th Annual Laguna Conference September 12, 2025 10:45 AM EDT Company Participants Marc Winterhoff - Interim Chief Executive Officer Conference Call Participants Adam Jonas - Morgan Stanley, Research Division Presentation Adam Jonas MD & Head of Global Auto & Shared Mobility Research All right. Marc Winterhoff, Interim CEO of Lucid Group.
Electric vehicle (EV) maker Lucid Group Inc. (NASDAQ: LCID) will have a 1-for-10 reverse stock split, which will take shares from just above $2 to just above $20.
Lucid Group (LCID) said it will proceed with plans for a 1-for-10 reverse stock split, as the unprofitable EV startup looks to boost its share price.
Lucid Group Inc. is trying to shake off share-price weakness by unveiling a new version of its electric SUV and by pursuing a reverse stock split soon.
Lucid Group Inc. (NASDAQ: LCID) is in trouble.
Lucid (NASDAQ: LCID) confirmed it will enact a 1-for-10 reverse stock split on August 29, 2025, as the struggling EV maker seeks to shore up its share price and maintain Nasdaq compliance.
LCID shares decline 22.7% in a month despite record deliveries and a new Uber robotaxi deal, raising tough questions for investors.
The stock is down 77% in the last five years. The S&P 500 is up 95% during the same period.
OpenAI's latest artificial intelligence model ChatGPT-5 has highlighted two penny stocks it believes investors could buy and hold for the long term, citing strong growth potential.