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Lucid Group Shares Down ~16% Premarket Following The Co.'s PIPE Lockup Expiration

Lucid Group (NASDAQ:LCID) is down sharply in early trading on the PIPE lockup expiration date for early investors. The largest PIPE investor in Lucid is Saudi Arabia's sovereign wealth fund, which is not

Benzinga · 09/01/2021 07:39

Lucid Group (NASDAQ:LCID) is down sharply in early trading on the PIPE lockup expiration date for early investors. The largest PIPE investor in Lucid is Saudi Arabia's sovereign wealth fund, which is not anticipated to be a big seller of shares. Other PIP