After-hours movers: Okta, C3.ai fall following results; Chewy gains

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Lucid's (LCID) stock dips as automaker seeks $3B with help from Saudi's PIF

June 1, 2023 11:38 AM EDT

Shares 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

Victoria's Secret (VSCO) PT Lowered to $30 at BofA Securities

June 1, 2023 6:10 AM EDT

BofA Securities analyst Lorraine Hutchinson lowered the price target on Victoria's Secret (NYSE: VSCO) to $30.00 (from $50.00) while maintaining a Buy rating.

... More