Lucid Group announced that its 1-for-10 reverse stock split is set to take effect on August 29, 2025. This corporate action will consolidate the number of existing shares to increase the per-share price.
The move is intended to boost the electric automaker’s share price and make the stock more attractive to investors, potentially helping to maintain compliance with Nasdaq listing requirements.
While the reverse split aims to improve the stock's optics, it does not alter the company's fundamental value or market capitalization. Such actions are often met with mixed investor sentiment, as they can be perceived as a sign of underlying stock performance issues.
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