Stock Market Today: Lucid Slides 8% as Reverse Split Concerns Resurface
29/7 23:35
Lucid Group (NASDAQ: LCID) dropped 8.24% to close at $2.56 on Tuesday, with the sharp decline attributed to renewed investor concerns over the electric vehicle (EV) maker's recently filed 1-for-10 reverse stock split proposal. The decline appears sentiment-driven, reflecting lin...