Lucid Stock Fell to New Low Despite $1 Billion Saudi Investment

Lucid Group stock continued to slide this week, despite a recent additional investment in the embattled electric-vehicle maker by Public Investment Fund, Saudi Arabia’s sovereign-wealth fund, of nearl...

Asana Stock Spikes on Forecast Boost and Share Sale to CEO

Text size Chief Executive Dustin Moskovitz purchased $350 million Asana shares in a private placement. (Photo courtesy of Asana) Shares of Asana rose sharply Thursday after the work-management platfor...

Porsche Family to Acquire More Than 25% of the Car Maker as IPO Nears

BERLIN—Volkswagen AG largest shareholder, Porsche Automobil Holding SE said it would acquire 25% plus one additional share of the voting stock in Porsche AG when VW lists the sports-car brand, which c...