Lucid Aktie
WKN DE: A3CVXG / ISIN: US5494981039
04.11.2024 20:58:44
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Why Lucid Stock Jumped Today
Shares of the electric vehicle company Lucid Group (NASDAQ: LCID) popped today after the company filed documents with the Securities and Exchange Commission (SEC) showing that it had sold about 396 million shares to Ayar Third Investment Company, a group associated with Saudi Arabia's Public Investment Fund (PIF).The company announced last month that it would be selling additional shares, in addition to an agreement by the PIF to make a large investment.While investors already knew the share purchase would happen, they responded positively to the news today, pushing up Lucid's stock by as much as 5% today. As of 2:26 p.m. ET Lucid's stock had gained 3.4%.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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