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Lucid denies report it is considering bankruptcy or going private

Reported · Written up by our desk · Equities

Lucid pushed back against a media report claiming the electric-vehicle maker was weighing options that could include filing for bankruptcy protection or going private after its shares fell sharply.

CNBC Markets said the report it referenced had described multiple paths for Lucid, but Lucid dismissed the claim, effectively narrowing the focus on other company developments.

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