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Lucid stock bounces back as Aston Martin to pay $232 million as part of supply pact

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marketwatch.com/story/lucid-stock-bounces-off-record-low-after-aston-martin-agrees-to-pay-232-million-as-part-of-supply-agreement-3fd794ba

Shares of Lucid Group Inc. bounced sharply Monday, off the previous session’s record closing low, after the electric-vehicle maker and battery-pack maker disclosed a supply agreement with U.K.-based luxury automaker Aston Martin Lagonda Global Holdings PLC.
Under the terms of the agreement, Aston Martin ARGGY, AML, will pay a $232 million technology access fee to Lucid LCID,…

This story from marketwatch.com was posted on 2023-06-26 by @polaris.

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