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Financial News: Lucid tumbles over SEC legal trouble

Financial News:

Lucid tumbles over SEC legal trouble

Lucid

Lucid stock took a 15% dive on Monday after receiving a subpoena from the U.S. Securities and Exchange Commission.

According to Lucid, the probe appears to concern agreements with Atieva Inc. along with various projections and statements.

Photo: Lucid stock took a 15% dive on Monday after receiving a subpoena from the U.S. Securities and Exchange Commission.

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Content ID: 1638793005 Created Monday, December 06, 2021 12:16 PM UTC by , Updated Monday, December 06, 2021 1:34 PM UTC by Aaron Stipkovich.