US EditionLucid’s Fifth-Largest Institutional Shareholder Lifts Stake to Record High
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Lucid’s Fifth-Largest Institutional Shareholder Lifts Stake to Record High
Lucid Motors’ fifth-largest institutional shareholder increased its holdings to an all-time high in the second quarter, according to a regulatory filing published on Friday. Geode Capital Management disclosed ownership of 22.64 million Lucid shares as of June 30, up 1.55 million shares, or 7.4%, from the 21.09 million reported at the end of March. The stake was valued at $47.8 million at the quarter-end share price, cementing its position among …
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