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Lucid (NASDAQ: LCID) stock climbed in Thursday's trading. The electric vehicle company's share price ended the daily session up 4.5% and had been up as much as 7% earlier in the day's trading ...
Shares of the electric vehicle maker Lucid Group (NASDAQ: LCID) jumped this morning, on seemingly no company-specific news. Rather, Lucid's shares are likely gaining traction after a new report ...
Lucid (NASDAQ:LCID) stock hasn’t been doing so hot this week with shares falling more than 25% since Monday. Source: Lucid Group For the record, it’s not just LCID stock that is falling this week.
Shares of Lucid Group (NASDAQ: LCID) were trading sharply higher on Monday, just days after the company began production of its long-awaited second luxury electric vehicle. As of 1 p.m. ET, Lucid ...
Thursday seems a mighty fine day to own automotive stocks, as positive economic data combine with company-specific news to lift shares of Tesla (NASDAQ: TSLA), Lucid Group (NASDAQ: LCID), and ...
As a result of these moves, Lucid stock slid 16% in midday trade. The stock offerings come only two months after Ayar gave Lucid a cash infusion of around $1.5 billion.
I don't see a compelling reason to buy Lucid stock right now. Even with its shares trading around $2.10 (as of this writing), they have a price-to-sales ratio of 6.6.
Lucid (NASDAQ: LCID) wanted to raise its cash balance ahead of the launch of its Gravity SUV. *Stock prices used were the afternoon prices of Oct. 16, 2024. The video was published on Oct. 18, 2024.
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