BUSINESSQUARTZ
Lucid stock plunged on a bankruptcy report. The company called it false
Lucid stock dropped following a report by an EV blog claiming the company was considering Chapter 11 bankruptcy or going private based on advice from AlixPartners. Lucid denied the claims, calling the report false.
Related Signal
Adjacent reporting
- Lucid denies bankruptcy talk, but the stock still sinks to a record low
- Lucid bankruptcy rumors see EV maker's stock plummet
- Top Law Firm Admits to AI ‘Hallucinations’ in Bankruptcy Filing Tied to Alleged Scam Network
- Prosthetics firm's stock plunges as it denies short-seller's Russia 'propaganda' allegations