Why Lucid Motors Stock Jumped Today [Yahoo! Finance]
Lucid Group, Inc. (LCID)
Company Research
Source: Yahoo! Finance
But today's bounce looks to be coming for a different, company-specific reason. After dropping more than 5% yesterday, Lucid shares were higher by 3.8% as of 1:30 p.m. ET today. While the stock is still down nearly 50% year to date, it's today's news that shareholders hope will be the catalyst that could turn Lucid's fortunes around. Start Your Mornings Smarter! Wake up with Breakfast news in your inbox every market day. Sign Up For Free » Lucid announced today that it is now taking orders for its Gravity Grand Touring SUV. It has thus far only offered its luxury Air sedan models since it began production about three years ago. It's now expanding to the SUV segment and focusing on what it expects to be sector-leading technologies. The Gravity trim now available to order is said to have more than 440 miles of range on a single battery charge . The Gravity Grand Touring also delivers 828 horsepower with the standard version providing two rows of seats for up to five occupants. I
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LCID
News
- LUCID ALERT: Bragar Eagel & Squire, P.C. is Investigating Lucid Group on Behalf of Long-Term Stockholders and Encourages Investors to Contact the FirmGlobeNewswire
- Lucid opens Gravity orders in bid to reshape SUV market [Yahoo! Finance]Yahoo! Finance
- Where Will Lucid Stock Be in 1 Year? [Yahoo! Finance]Yahoo! Finance
- Lucid Group, Inc. (NASDAQ: LCID) had its price target lowered by analysts at Royal Bank of Canada from $3.00 to $2.00. They now have a "sector perform" rating on the stock.MarketBeat
- Why Lucid Stock Is Falling Today [Yahoo! Finance]Yahoo! Finance
LCID
Earnings
- 11/7/24 - Beat
LCID
Sec Filings
- 11/7/24 - Form 10-Q
- 11/7/24 - Form 8-K
- 11/4/24 - Form SC
- LCID's page on the SEC website