Troubled electric vehicle (EV) maker Lucid Group (NASDAQ: LCID) has not had a good 2025 so far. Its share price is down about 31% year-to-date, with much of that drop occurring after news came out it ...
MasterCard announced a 10-for-1 stock split after the closing bell on Tuesday, as well as a dividend boost and a $3.5 billion buyback program. Shares were up modestly in late trading on the news.
Lucid's shares behaved the same way as most stocks do just before and during a reverse split. Since the split, though, Lucid's share price has risen instead of declining, which isn't normal. This ...