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Kiplinger
Kiplinger
Business
Joey Solitro

EXPLAINED: Why lucid group stock is plunging today - The Real Truth

Black and white Lucid electric cars outside of a Lucid showroom in San Francisco, California.

Lucid Group (LCID) shares are spiraling in Thursday's session after the electric vehicle (EV) maker announced a public offering of nearly 262.5 million shares.

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