What's Going On With Lucid Motors Stock Today?
Portfolio Pulse from Erica Kollmann
Lucid Group, Inc. (NASDAQ:LCID) shares are trading higher after the company shared a picture of its Sapphire model on the production line. The vehicle will be available in the U.S. for $249,000. Shares of LCID are up more than 8% on above-average trading volume and have gained nearly 35% over the last month. The company will release its second quarter financial reports on Aug. 7.
July 28, 2023 | 5:05 pm
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Lucid Group's shares are trading higher after the company revealed its Sapphire model. The stock is up more than 8% today and has gained nearly 35% over the last month.
The reveal of the Sapphire model has generated positive sentiment around Lucid Group, leading to an increase in the company's stock price. The upcoming release of the company's Q2 financial reports could further impact the stock.
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