LCID Stock Rises Overnight: Lucid Reportedly Cuts Europe Workforce After Delivery Weakness And Delayed Launches
Shares of Lucid Group (LCID) rose 0.3% overnight late Sunday after a report said that the EV maker is slowing its European expansion and preparing regional workforce cuts before the end of September, adding to concerns over weak demand and a broader company reset.LCID stock jumped 3% last week, log…