Why Lucid Group Are Trading Higher By Around 8%; Here Are 20 Stocks Moving Premarket
Portfolio Pulse from Lisa Levin
Lucid Group shares are trading higher by around 8% in pre-market trading after announcing a technology partnership with Aston Martin worth over $450 million. Other pre-market gainers include TRxADE HEALTH, Digital Media Solutions, and INVO Bioscience, while losers include Lulu's Fashion Lounge Holdings, Babylon Holdings, and SCWorx Corp.
June 26, 2023 | 12:19 pm
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Lucid Group shares gained 7.7% in pre-market trading after announcing a technology partnership with Aston Martin worth over $450 million to integrate and supply Lucid's EV powertrain and battery systems.
Lucid Group's partnership with Aston Martin is a significant deal worth over $450 million, which will likely boost investor confidence in the company's technology and growth prospects. This positive news is driving the stock price higher in pre-market trading.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100