Streetbeat News

LCID

Lucid Group, Inc.

https://www.lucidmotors.com

Industry

Auto - Manufacturers

Lucid Group, Inc. a technology and automotive company, develops electric vehicle (EV) technologies. The company designs, engineers, and builds electric vehicles, EV powertrains, and battery systems. As of December 31, 2021, it operates twenty retail studios in the United States. Lucid Group, Inc. was founded in 2007 and is headquartered in Newark, California.

Open

2.06

Mkt cap

6.1B

Volume

99M

High

2.06

P/E Ratio

-1.51

52-wk high

5.31

Low

1.93

Div yield

N/A

52-wk low

1.93

Lucid Motors (NASDAQ: LCID) is attempting to stabilize its stock valuation above $2 after experiencing weeks of extended losses. The company is reportedly becoming 'mostly immune' to EV credit cuts, which could influence investor sentiment.

Portfolio Pulse from

November 19, 2024 | 2:30 pm

Lucid Motors (NASDAQ: LCID) stock experienced a significant rally on November 18, despite a previous decline and the appearance of a death cross indicator.

Portfolio Pulse from

November 19, 2024 | 10:00 am

BlackRock, the world's largest asset manager, has sold over 2 million shares of Lucid (LCID). This move could indicate a shift in BlackRock's investment strategy regarding Lucid.

Portfolio Pulse from

November 18, 2024 | 4:00 pm

Lucid Diagnostics Inc., a subsidiary of PAVmed Inc., will present at the Canaccord Genuity MedTech, Diagnostics and Digital Health & Services Forum on November 21, 2024. The presentation will be available via live and replay webcasts on the company's investor relations website.

Portfolio Pulse from

November 18, 2024 | 1:30 pm

Lucid (NASDAQ: LCID) is facing significant challenges as it approaches penny stock status, with a death cross indicating a solidified downtrend. This highlights the struggles of non-Tesla EV makers.

Portfolio Pulse from

November 15, 2024 | 1:30 pm

The potential end of a $7,500 federal tax credit for electric vehicles could significantly impact Lucid Group Inc., potentially threatening its business viability.

Portfolio Pulse from

November 15, 2024 | 11:45 am

Lucid is currently facing challenges and is struggling to progress, indicating potential difficulties in the near future.

Portfolio Pulse from

November 14, 2024 | 9:45 am

Lucid Group's stock experienced a significant surge today. The article likely discusses factors contributing to this rise, such as positive news or developments related to the company.

Portfolio Pulse from

November 13, 2024 | 7:00 pm

Lucid stock is experiencing a decline due to investor concerns over President-elect Donald Trump's choice for the EPA head, which may impact environmental regulations and the electric vehicle market.

Portfolio Pulse from

November 12, 2024 | 5:30 pm

Lucid's stock (LCID) has risen 16% from its 52-week low, driven by the anticipated launch of the Gravity SUV, strong delivery growth, and support from Saudi Arabia's Public Investment Fund.

Portfolio Pulse from

November 12, 2024 | 3:45 pm

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