Lucid Group (LCID) Said To Be Raising About $3 Billion Including From Saudis - Bloomberg
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/22/2026
- S&P 500, Nasdaq fall as megacap tech drags; Iran developments watched
- Oil falls 4% after US-Iran talks signal easing supply risks
- Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
- Alan Greenspan, influential former Federal Reserve chair, dies at 100
- Buy gold stocks as valuations are cheap amid macro tension: BofA
- CoreWeave trains DeepSeek-V3 in two minutes in MLPerf benchmark
- Needham Starts NeoVolta (NEOV) at Buy
- Companies to add 40 million barrels of oil to US SPR after Iran war ends, energy secretary says
- China makes small dent in deflation battle as supply-demand imbalance persists
- Sanuwave cuts Q2 2026 revenue guidance amid Ultramist sales pressure
Lucid's (LCID) stock dips as automaker seeks $3B with help from Saudi's PIF
June 1, 2023 11:38 AM EDTShares of electric automaker, Lucid (NASDAQ: LCID) plummeted almost 15% at the open Thursday morning after the company announced after hours Wednesday that it plans to raise about $3 billion through a stock offering with nearly two-thirds of the funds coming from Saudi Arabia's Public Investment Fund (PIF).
Lucid announced that... More
