<p>起初，<strong>Lucid Group</strong>(LCID -2.15%) 的投资者似乎今天要经历一个非常糟糕的日子——但情况正在好转。</p>
<p>昨晚，这家豪华电动车公司确认将进行 10 比 1 的反向拆股。拆股早在一个月前就已宣布，但管理层尚未决定何时实施。一旦决定，昨晚的公告为今天 Lucid 股票超过 5% 的抛售奠定了基础。</p>
<p>好消息是，得益于美联储主席杰罗姆·鲍威尔在今天早些时候在怀俄明州的美联储会议上发表的评论（暗示利率可能在九月份下降），股市正在反弹——而这波反弹也带动了 Lucid 股票的上涨。</p>
<p>结果：截至东部时间下午 1:30，Lucid 股票 “仅” 下跌 0.7%。</p>
<p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MzA2NTIvMS1kb3R0ZWQtcmVkLWFycm93LWdsb3dpbmctYW5kLWdvaW5nLWRvd24uanBnJnc9NzAw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MzA2NTIvMS1kb3R0ZWQtcmVkLWFycm93LWdsb3dpbmctYW5kLWdvaW5nLWRvd24uanBnJnc9NzAw"/></p>
<p>图片来源：Getty Images。</p>
<h2>Lucid 的反向拆股</h2>
<p>但让我们关注反向拆股。这对拥有 Lucid 股票的你意味着什么？</p>
<p>顾名思义，反向拆股是普通拆股的反面。它不是将你拥有的每一股拆分成多股，每股价格为原价的一小部分，而是将你拥有的每 10 股 Lucid 合并为一股——理想情况下，价格是每股原价的 10 倍。</p>
<p>目标：将 Lucid 的股价提升——目前每股 2 美元的价格已经危险接近纳斯达克可能退市的 1 美元价格——接近每股 20 美元，这样就可以安全避免退市。</p>
<h2>Lucid 股票值得购买吗？</h2>
<p>请注意，反向拆股并不会改变公司周围的事实。它并没有改变 Lucid 每年亏损 23 亿美元、每年现金消耗超过 30 亿美元的事实，或者在当前的消耗速度下，Lucid 可能在不到一年内耗尽资金的事实。</p>
<p>这也并不会使 Lucid 股票变得更值得购买。</p>

LCID

<p>Lucid Group 的股票在宣布进行 10 比 1 的反向股票拆分后最初下跌超过 5%，此举旨在将其股价从约 2 美元提升至接近 20 美元，以避免纳斯达克退市。然而，联邦储备委员会主席杰罗姆·鲍威尔关于潜在降息的评论帮助股票回升，截至东部时间下午 1:30，仅下跌 0.7%。尽管进行了拆分，Lucid 仍面临重大财务挑战，包括 23 亿美元的年度亏损和可能在一年内耗尽资金的现金消耗率</p>

<p>At first, it seemed <strong>Lucid Group</strong>(LCID -2.15%) investors were in for a very bad day today -- but things are improving.</p>
<div class="lb-trans"><p>起初，<strong>Lucid Group</strong>(LCID -2.15%) 的投资者似乎今天要经历一个非常糟糕的日子——但情况正在好转。</p>
</div><p>Last night, the luxury electric car company confirmed it will proceed to reverse-split its shares 10 for 1. The split had already been announced a month ago, but management hadn't yet decided to pull the trigger. Once it did, last night, it set the stage for a sell-off of more than 5% in Lucid stock this morning.</p>
<div class="lb-trans"><p>昨晚，这家豪华电动车公司确认将进行 10 比 1 的反向拆股。拆股早在一个月前就已宣布，但管理层尚未决定何时实施。一旦决定，昨晚的公告为今天 Lucid 股票超过 5% 的抛售奠定了基础。</p>
</div><p>The good news is that, thanks to Federal Reserve Chairman Jerome Powell and comments he made at the Federal Reserve conference in Wyoming earlier today (to the effect that interest rates <em>might</em> come down in September), the stock market is rallying -- and this rally is pulling up Lucid stock along with it.</p>
<div class="lb-trans"><p>好消息是，得益于美联储主席杰罗姆·鲍威尔在今天早些时候在怀俄明州的美联储会议上发表的评论（暗示利率可能在九月份下降），股市正在反弹——而这波反弹也带动了 Lucid 股票的上涨。</p>
</div><p>Result: As of 1:30 p.m. ET, Lucid stock is down &#34;only&#34; 0.7%.</p>
<div class="lb-trans"><p>结果：截至东部时间下午 1:30，Lucid 股票 “仅” 下跌 0.7%。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MzA2NTIvMS1kb3R0ZWQtcmVkLWFycm93LWdsb3dpbmctYW5kLWdvaW5nLWRvd24uanBnJnc9NzAw" alt="" original-src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F830652%2F1-dotted-red-arrow-glowing-and-going-down.jpg&amp;op=resize&amp;w=700"/></p>
<p>Image source: Getty Images.</p>
<div class="lb-trans"><p>图片来源：Getty Images。</p>
</div><h2>Lucid's reverse stock split</h2>
<div class="lb-trans"><h2>Lucid 的反向拆股</h2>
</div><p>But let's focus on the reverse stock split. What does this mean if you own Lucid stock?</p>
<div class="lb-trans"><p>但让我们关注反向拆股。这对拥有 Lucid 股票的你意味着什么？</p>
</div><p>As the name implies, a reverse split is the opposite of an ordinary stock split. Instead of splitting every share you own into multiple shares, each costing a fraction of the original price, this reverse split will glue together every 10 shares of Lucid you own into one single share -- ideally at a price 10 times what each original share cost.</p>
<div class="lb-trans"><p>顾名思义，反向拆股是普通拆股的反面。它不是将你拥有的每一股拆分成多股，每股价格为原价的一小部分，而是将你拥有的每 10 股 Lucid 合并为一股——理想情况下，价格是每股原价的 10 倍。</p>
</div><p>The goal: To lift Lucid's stock price -- which at $2 a share is dangerously close to the $1 price at which the Nasdaq might delist the stock -- up closer to $20 a share, where it should be safe from delisting.</p>
<div class="lb-trans"><p>目标：将 Lucid 的股价提升——目前每股 2 美元的价格已经危险接近纳斯达克可能退市的 1 美元价格——接近每股 20 美元，这样就可以安全避免退市。</p>
</div><h2>Is Lucid stock a buy?</h2>
<div class="lb-trans"><h2>Lucid 股票值得购买吗？</h2>
</div><p>Note that the reverse split doesn't change the facts surrounding the company at all. It doesn't change the fact that Lucid is losing $2.3 billion a year, that it's burning more than $3 billion in cash annually, or that at current burn rates, Lucid could run out of money in less than one year.</p>
<div class="lb-trans"><p>请注意，反向拆股并不会改变公司周围的事实。它并没有改变 Lucid 每年亏损 23 亿美元、每年现金消耗超过 30 亿美元的事实，或者在当前的消耗速度下，Lucid 可能在不到一年内耗尽资金的事实。</p>
</div><p>It also doesn't make Lucid stock any more of a buy.</p>
<div class="lb-trans"><p>这也并不会使 Lucid 股票变得更值得购买。</p>
</div>

Why Lucid Group Stock Died Today -- Then Got Better

- Lucid Group 宣布进行 10 比 1 的反向股票拆分，旨在提升股价。  
- 受美联储主席鲍威尔的言论影响，Lucid 股价下跌幅度减小至 0.7%。  
- 反向拆分并未改变 Lucid 的财务状况，仍面临巨额亏损和现金流问题。  

为什么 Lucid 集团的股票今天下跌——然后又有所回升