Lucid Group Inc (NASDAQ:LCID) shares are rebounding on Thursday after the company mounted an aggressive public pushback against a report that sent the stock into a sharp decline during Tuesday's session.

Here's what you should know.

Lucid Group shares are powering higher.

What's behind LCID gains?

Lucid Fights Back With Cease-and-Desist, SEC Filing and CEO Statement The turnaround in the stock traces back to an escalating series that carried into Wednesday morning.