Why Lucid Motors Stock Surged Higher This Week [Yahoo! Finance]
Lucid Group, Inc. (LCID)
Company Research
Source: Yahoo! Finance
Competition has grown, giving consumers more options in several vehicle segments. Lucid Group (NASDAQ: LCID) is one that has struggled to achieve high-volume sales as general EV sales growth has slowed globally. That's led to a 33% decline in the stock over the last year. But Lucid is on the verge of launching its first offering outside of the luxury sedan segment. That's helped the stock bounce 9.5% this week as of Friday morning, according to data provided by S&P Global Market Intelligence. Lucid boasts engineering and technology Lucid operates at the high end of the automotive sector. Its 2025 model Air sedans range in price from almost $70,000 to as much as $249,000 for its fully equipped Sapphire trim that can deliver over 1,200 horsepower. Lucid has focused on developing leading EV technologies for those vehicles in the start-up phase of its development . Its battery technology, for example, provides over 500 miles of battery range. Now it plans to apply that knowledge t
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LCID
News
- Lucid Group (LCID) Stock Declines While Market Improves: Some Information for Investors [Yahoo! Finance]Yahoo! Finance
- Where Will Polestar Automotive Stock Be in 3 Years? [Yahoo! Finance]Yahoo! Finance
- Lucid Group (LCID) Stock Dips While Market Gains: Key Facts [Yahoo! Finance]Yahoo! Finance
- Lucid Group, Inc. (NASDAQ: LCID) had its "sector perform" rating re-affirmed by analysts at Royal Bank of Canada. They now have a $3.00 price target on the stock.MarketBeat
- Why Lucid Stock Is on Fire Today [Yahoo! Finance]Yahoo! Finance
LCID
Earnings
- 8/5/24 - Miss
LCID
Sec Filings
- 9/17/24 - Form 4
- 9/17/24 - Form 4
- 9/10/24 - Form 8-K
- LCID's page on the SEC website