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Dow Jones| Nasdaq | S&P 500 | US Stock Market Today | Live: S&P 500 and Nasdaq slip as chip rout extends; Netflix slides


Lucid Group shares staged a sharp recovery after the company denied reports it was considering bankruptcy, helping calm investor fears following a steep selloff earlier in the week. The stock had plunged as much as 57% intraday on the report before paring losses and rebounding strongly in subsequent sessions.

The EV maker clarified it is working with restructuring firm AlixPartners but dismissed bankruptcy claims as false. Shares have since surged about 40% over two days, putting the company on track for its best weekly performance in a year, even as broader markets remain under pressure.

Despite the rebound, concerns persist over Lucid’s ongoing losses, cash burn, and weak demand. Analysts caution that sentiment could remain volatile, with the company’s long-term outlook hinging on successful execution of new models and a clearer path to profitability.



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