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What’s Going On With Lucid Group Stock?

According to data from Benzinga Pro, 21.97% of available Lucid shares are being sold short and when combined with heavy trading volume may be contributing to the stock's large move Monday. More than 69.17 million shares have already been traded in the session, surpassing the stock's 100-day average volume of 36.229 million shares.

LCID

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Why Cardlytics Stock Is Trading Higher

According to the settlement agreement with SRS, Cardlytics will pay SRS $25 million in cash and issue SRS 3.6 million shares of Cardlytics common stock. For the cash payment, Cardlytics has agreed to pay $20 million in January 2024, $3 million in January 2025, and $2 million in June 2025. All shares of Cardlytics stock will be issued in February 2024.

CDLX

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What’s Going On With Alaska Air Stock?

According to a report from the Wall Street Journal, it seems increasingly likely that the bolts required to secure the door plug to the aircraft were missing when the plane left the Boeing Company (NYSE:BA) factory in Renton, WA. According to sources, Boeing and industry officials believe that Boeing employees failed to replace the bolts after reinstalling the 737 Max 9 plug door after opening or removing it during production.

ALK

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Western Digital Beats Q2 Revenue, Earnings Estimates

Western Digital reported quarterly adjusted losses of 69 cents per share beating the analyst consensus estimate of losses a $1.13 per share by 38.94%. The company reported quarterly sales of $3.03 billion, just beating the analyst consensus estimate of $2.99 billion by 1.4% and representing a 2.4% decrease from sales of $3.11 billion in the same period last year.

WDC