On July 23, Lucid Group Inc fell 8.08% in regular trading, trading at $6.25/share, with turnover of $25.53 million. The decline reflects persistent high volatility following bankruptcy rumors that surfaced earlier this month.

On July 14, reports emerged that Lucid had engaged restructuring adviser AlixPartners to evaluate strategic options including privatization or Chapter 11 bankruptcy protection, triggering a 57% intraday plunge and multiple trading halts. The company swiftly denied the reports as \"completely false,\" stating it has sufficient liquidity to sustain operations well into next year and that AlixPartners was solely assisting with improving operational execution efficiency. While shares subsequently staged a 32% single-day rebound, the stock has remained in a highly volatile state. Compounding investor concerns, Lucid announced an 18% U.S. workforce reduction in June and reported Q2 deliveries of 3,953 vehicles, missing Wall Street expectations. The next earnings report is scheduled for August 4, with consensus EPS estimated at -$3.12.

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