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Benzinga

Business

Henry Khederian

What's Going On With Lucid Group Stock?

Lucid Lucid Group LCID Lucid Group, Inc. electric vehicle

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Shares of electric vehicle maker Lucid Group Inc (NASDAQ:LCID) are falling Friday afternoon as the company prepares to execute its planned reverse stock split after the closing bell.

What To Know: The luxury EV maker is set to enact a 1-for-10 reverse stock split after the market closes today, a move approved by stockholders on August 18. The stock will begin trading on a split-adjusted basis on Tuesday.

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One subscription that gives you access to news from hundreds of sites

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Thousands of Colombians march against new right-wing president's policies

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