Lucid stock tumbles following public offering to raise $1.67 billion
Brand new Lucid electric cars sit parked in front of a Lucid Studio showroom on May 24, 2024 in San Francisco, California. Justin Sullivan | Getty Images Shares of Lucid Group were under pressure Thursday after the electric vehicle maker announced a public offering of nearly 262.5 million shares of its common stock. The late Wednesday announcement was made…
