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Lucid stock dives 50% after report that it is considering take-private or Chapter 11
On July 14, Lucid Group's share price declined more than 50% following reports from anonymous sources that Lucid has retained turnaround firm AlixPartners to weigh strategic options that allegedly include a take-private transaction or a Chapter 11 filing.
Lucid called the rumors false and said the company has suffici....
Lucid called the rumors false and said the company has suffici....
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