Morgan Stanley Warns Lucid Stocks Face $2.5B Capital Raise and Dilution Risk
Morgan Stanley warned that Lucid Group Inc. (LCID) may need to raise $2.5 billion in fresh capital, a move the firm believes could increase dilution risk for existing shareholders. The firm maintains an 'Underweight' rating and a $5 price target on Lucid, implying a 5% potential downside from
LCID4.17%
LucasBennett·07-15 16:45
