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Susquehanna Slashes Lucid Equity Stake by 39%, Maintains Large Options Book
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Susquehanna Slashes Lucid Equity Stake by 39%, Maintains Large Options Book
Susquehanna International Group LLP has sharply reduced its common equity stake in Lucid while maintaining large put and call options positions in the Saudi-backed EV maker. The Bala Cynwyd, Pennsylvania-based trading firm, founded by billionaire Jeff Yass, cut its Lucid common equity stake by 38.8% during the fourth quarter. It sold 290,144 shares to reduce its stake to 456,841 as of the end of 2025, down from 746,985 at the end of September. T…
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