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Lucid stock plunged 16% in premarket trading

Tiger Newspress2021-12-06

Lucid stock plunged 16% in premarket trading after the electric car maker received subpoena from U.S. SEC.

Lucid Group Inc has received a subpoena from the U.S. Securities and Exchange Commission seeking documents related to a probe on its blank-check deal, the Luxury electric-car maker said on Monday.

"The investigation appears to concern the business combination between the Company (Churchill Capital Corp. IV) and Atieva Inc and certain projections and statements," the company said in a regulatory filing.

The deal, which was completed earlier this year, was with veteran dealmaker Michael Klein's blank-check acquisition firm.

It was one of the biggest in a string of deals by electric vehicle makers such as Nikola Corp and Fisker Inc that have gone public by combining with special purpose acquisition companies (SPACs).

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评论

  • zoopy
    ·2021-12-06
    Aiyooo 
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  • FannyNg
    ·2021-12-06
    How come when there is bad news, it's across the board for most EVs, even Tesla got issues and price plunged. 
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  • DaisyMoo
    ·2021-12-06
    Omg.. 
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  • Akang
    ·2021-12-06
    Huy!!!
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  • LEEQF
    ·2021-12-06
    Yay!!! nice buying opportunity!! Thank you!!! ❤️❤️❤️❤️
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  • Sabre78
    ·2021-12-06
    Wow why got such blank cheque news 
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  • CCCH
    ·2021-12-06
    Like
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  • JcJc
    ·2021-12-06
    Not only $Lucid Group Inc(LCID)$most EV stock drop till Jia Lak!!!😩😩😩
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    收起
    • moonradiance
      best is hold off first.. this week going to be worst
      2021-12-06
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  • Andersonkana
    ·2021-12-06
    Good
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  • YokeYew
    ·2021-12-06
    Temporary effectIt has to drop then let more buyers to invest.
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    收起
    • wx001
      This cant be call an investment more like speculation lol
      2021-12-06
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  • 458b6d98
    ·2021-12-06
    Lab
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  • NeedMoneyPls
    ·2021-12-06
    Buy the dip MF!! - Sun Tzu, The Art of War. 
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  • Eric 888
    ·2021-12-06
    There's also news that Lucid will partner with Apple 💪
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  • Edneo
    ·2021-12-06
    Omg
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  • Srav
    ·2021-12-06
    😒
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    收起
    • Wee93
      nice
      2021-12-06
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  • MHh
    ·2021-12-06
    Oops…
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  • Eric 888
    ·2021-12-06
    Got a feeling its just a Mafia tactic, I'll hold & buy more when it comes down 
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  • Ramesh17
    ·2021-12-06
    Wtf....die la
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