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    • min1121min1121
      ·2021-12-09
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      Lucid stock plunged 8% in premarket trading

      Lucid stock plunged 8% in premarket trading as the electric vehicle maker plans to sell $1.75B aggregate principal amount of convertible senior notes due 2026 in a private offering.Lucid Group, Inc announced its intention to offer, subject to market and other conditions,$1,750,000,000aggregate principal amount of convertible senior notes due 2026 in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as am
      Lucid stock plunged 8% in premarket trading
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