Lucid Group CEO Denies Bankruptcy Rumors Amid Sharp Stock Rally

Lucid Group (LCID) surged nearly 29% after its CEO denied rumors that the company was considering bankruptcy or a take-private deal. The stock snapped a three-day losing streak as investors regained confidence following the denial.

By Angelica Ballesteros Fri, July 17, 2026 at 3:13 AM GMT+3 3 min read · Yahoo Finance · July 17, 2026, 00:13 UTC

Lucid Group CEO Denies Bankruptcy Rumors Amid Sharp Stock Rally

Tickers: $LCID

Topics: bankruptcy rumors executive statement Lucid Group stock price movement

Read the full article at Yahoo Finance

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