- Entry
- $4.42
- Now
- $5.92 +33.9%
- Target
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- Score
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The market absolutely punished LCID today over bankruptcy rumors, but it's worth looking at what actually happened. Lucid has now publicly stated that the bankruptcy rumors are **"completely false."** The company said AlixPartners was hired to improve operational efficiency—not to recommend Chapter 11—and that no special board committee has been formed to pursue bankruptcy or a take-private transaction. They also reiterated that they have sufficient liquidity to fund operations well into next year, following approximately **$700 million in cash**, a …
— ORIGINAL POST ·
Before everyone writes off Lucid, let's stick to the facts.
· r/smallstreetbets
· Jul 14, 2026