🟢 Lucid Group is trading 6.9% up today after denying bankruptcy and take-private rumors

Lucid Group is trading 6.9% up today at $4.94 as shares rebound following the company's formal denial of bankruptcy and going-private rumors.

• The company issued a Form 8-K and multiple statements calling recent reports completely false, stressing it maintains sufficient liquidity into next year.
• Management clarified that AlixPartners is assisting solely with operational improvements, helping to stabilize the stock after Tuesday's 16% plunge and intraday collapse of over 50%.