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Benzinga

Business

Henry Khederian

FORGOTTEN HISTORY: What s going on with lucid group lcid stock | History Defined

LCID Lucid Lucid Group Lucid Group, Inc. electric vehicle

Lucid Showroom

Shares of electric vehicle maker Lucid Group Inc (NASDAQ:LCID) are trading higher Tuesday morning, rebounding amid recent volatility. The company last week announced a 1-for-10 reverse stock split.

What To Know: The reverse split, approved by stockholders on August 18, is scheduled to take effect after the market closes on Friday, August 29. The stock will begin trading on a split-adjusted basis on the following trading day, Tuesday, September 2.

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