Lucid Stock Surges After Denying Bankruptcy Claims
Shares of Lucid Group (NASDAQ:LCID) rose nearly 18% after the company denied recent rumors about considering a Chapter 11 filing or take-private transaction. Cantor Fitzgerald analyst Andres Sheppard confirmed that Lucid has $3.2 billion in liquidity, providing reassurance to investors.
Topics: bankruptcy_rumors ev_sector liquidity