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-0.000381865110938811 2.04342534281177E-05 -0.000381865110938811 0.00344955740684215 0.000895275728321447 -0.00906642281790915 -0.00996042140539129 -0.00906642281790915
Stock impact report

Lucid Stock Rises After Uber Reveals Major Stake and Deal [Yahoo! Finance]

Uber Technologies, Inc. (UBER) 
Last uber technologies, inc. earnings: 2/6 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
11.5% passive stake in the electric-vehicle maker through a subsidiary and outlined deeper ties with the company. The holding amounts to roughly 37.75 million shares. The Uber position is part of Lucid's $1.05 billion capital raise, which also includes backing from Saudi Arabia's Public Investment Fund. Warning! GuruFocus has detected 4 Warning Sign with UBER. Is UBER fairly valued? Test your thesis with our free DCF calculator. Uber said it has lifted its total investment in Lucid to $500 million, and the new capital underscores continued support for the company as it pursues growth. Uber also said it plans to buy at least 35,000 Lucid vehicles for a future global robotaxi network. The order could give Lucid a clearer route to volume sales if the autonomous program expands. The filing points to a longer-term partnership in autonomous mobility, with Lucid aiming to secure funding and demand while Uber builds out its driverless ride strategy. Lucid investors appeared to wel Show less Read more
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