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Tech & Startups

Lucid shares plunged 40% on a bankruptcy rumour from an EV blog. The denial came hours later.

The Next Web 15 July 2026, 10:47 UTC 1h ago

Lucid shares plunged 40% on a bankruptcy rumour from an EV blog. The denial came hours later. — The Next Web

Lucid Motors stock fell more than 40% at one point on Tuesday and was halted for volatility multiple times after an EV-focused publication reported the company was considering going private or filing for Chapter 11 bankruptcy protection. The stock recovered some losses and closed down 16% at $4.62 a share. The report said Lucid asked […] This story continues at The Next Web

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