Lucid Motors’ (LCID) shares soared over 50% after the company secured a multi-hundred-million dollar investment from Uber to deploy robotaxis. So, why did Lucid just announce plans for a reverse stock split?
https://electrifyheartland.org/wp-content/uploads/2025/07/Lucid-stock-CEO-Q4-daBsML.jpg7001400Brandt Hertensteinhttps://electrifyheartland.org/wp-content/uploads/MicrosoftTeams-image.pngBrandt Hertenstein2025-07-17 15:28:552025-07-17 15:28:55Lucid (LCID) shares surged +50%, so why did it announce a major reverse stock split?
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