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Stock impact report

Lucid's Former Chief Engineer Sold $4 Million of LCID Stock [Yahoo! Finance]

Lucid Group, Inc. (LCID) 
Company Research Source: Yahoo! Finance
Eric Bach, a former top employee at Lucid Group (NASDAQ: LCID) , sold millions of dollars of Lucid stock in recent months. Previously, Bach served as senior vice president of product and chief engineer for the company. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » An early February report noted two recent stock sales by Bach. One transaction totaled $2.8 million, with another totaling nearly $1.2 million. The most obvious reason for the sales would seem to be that Bach left the company last November. No longer an employee, Bach likely isn't as keen on maintaining ownership . We don't know why Bach sold shares, but there are reasons any shareholder might want to sell. Lucid stock faces a daunting 2026 Lucid stock has fallen by roughly 40% since early November, when the company announced Bach's departure. Show less Read more
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