EV-maker Lucid expects to raise $1.67 billion from stock sale [Yahoo! Finance Canada]
Warrior Met Coal, Inc. (HCC)
Last warrior met coal, inc. earnings: 4/29 04:05 pm
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Source: Yahoo! Finance Canada
(Reuters) - Cash-strapped electric vehicle maker Lucid said on Thursday a public offering of more than 262 million shares would likely fetch it $1.67 billion in proceeds. The stock sale news as well as the company's latest warning of a bigger-than-expected loss for the third quarter sent shares of the luxury electric-sedan maker down more than 17% in premarket trading. Lucid expects to report a loss from operations in the range of $765 million to $790 million for the quarter ended Sept. 30, compared with analysts' estimates of $751.7 million, according to data compiled by LSEG. The company also signed a deal with Ayar Third Investment, an affiliate of Saudi Arabia's Public Investment Fund and the company's biggest shareholder, to sell nearly 375 million shares in a private placement. Ayar expects to maintain its ownership of about 59% of the company's outstanding shares, Lucid said. The sovereign wealth fund's affiliate committed an additional $1.5 billion in August, which
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News
- Warrior Met Coal (NYSE:HCC) Will Be Hoping To Turn Its Returns On Capital Around [Yahoo! Finance]Yahoo! Finance
- Warrior Met Coal, Inc.'s (NYSE:HCC) Intrinsic Value Is Potentially 24% Below Its Share Price [Yahoo! Finance]Yahoo! Finance
- We Think That There Are More Issues For Warrior Met Coal (NYSE:HCC) Than Just Sluggish Earnings [Yahoo! Finance]Yahoo! Finance
- Warrior Met Coal, Inc. Just Beat EPS By 12%: Here's What Analysts Think Will Happen Next [Yahoo! Finance]Yahoo! Finance
- Warrior Met Coal Third Quarter 2024 Earnings: Beats Expectations [Yahoo! Finance]Yahoo! Finance
HCC
Earnings
- 10/30/24 - Beat
HCC
Sec Filings
- 11/13/24 - Form 4
- 11/12/24 - Form SC
- 11/12/24 - Form SC
- HCC's page on the SEC website