POPA Recon[Seoul Economic Daily] Stock price cut in half in one day... Investors aimed for doubling, but did not receive a single penny
[Seoul Economic Daily] Stock price cut in half in one day... Investors aimed for doubling, but did not receive a single penny • Due to the sharp decline in the stock price of the Lucid group, Granite Shares' 2X Long LCID Daily ETF (LCDL) has entered the process of delisting. • Lucid's stock price fell more than 50% on the 14th, turning the ETF's net asset value (NAV) into negative. • The ETF's net asset value per share is calculated to be minus $0.016 (approximately minus 24 won), so it is expected that there will be no assets to return to investors. • Lucid Motors denied bankruptcy rumors an…
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