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

An option alert has been issued for Lucid Group (LCID) for August 18 $10 calls. A total of 1477 options were bought near the ask price at $0.221, compared to the open interest of 22676.

Portfolio Pulse from Charles Gross

July 12, 2023 | 6:21 pm

During Wednesday's intraday session, several consumer discretionary stocks experienced significant movement. Chijet Motor Co, Elys Game Technology, Holley, Carvana, Harbor Custom Dev, and JX Luxventure saw their stocks increase by 27.8%, 27.59%, 21.59%, 17.58%, 13.23%, and 12.72% respectively. On the other hand, Mullen Automotive, Lucid Gr, Singing Machine Co, SunCar Technology Group, Forza X1, and Zapp Electric Vehicles saw their stocks decline by 22.0%, 12.26%, 11.36%, 9.07%, 8.81%, and 7.41% respectively.

Portfolio Pulse from Benzinga Insights

July 12, 2023 | 5:37 pm

The article lists the stocks that gained and lost the most during Wednesday's mid-day trading session. Among the gainers were Healthcare Triangle, Ault Alliance, and Recursion Pharmaceuticals, which saw significant increases due to various positive developments. On the other hand, PainReform, CBL International, and Katapult Holdings were among the biggest losers, with their stocks declining due to various negative developments.

Portfolio Pulse from Lisa Levin

July 12, 2023 | 4:53 pm

Lucid Group, Inc. (NASDAQ:LCID) shares are trading lower after the company announced its Q2 production and delivery numbers. The company produced 2,173 electric vehicles and delivered 1,404 vehicles during the period. Lucid also announced the commencement of material shipments to Saudi Arabia. The company will release its Q2 financial results on August 7.

Portfolio Pulse from Erica Kollmann

July 12, 2023 | 2:21 pm

Lucid Motors' shares are trading lower following the announcement of the company's Q2 production and deliveries.

Portfolio Pulse from Benzinga Newsdesk

July 12, 2023 | 2:11 pm

Lucid Motors, listed as LCID, produced 2,173 vehicles in Q2 at its Arizona manufacturing facility and delivered 1,404 vehicles.

Portfolio Pulse from Benzinga Newsdesk

July 12, 2023 | 1:02 pm

Lucid Motors (NASDAQ:LCID) showcased the 'enormous' storage capacity of its Lucid Air model in a new video. The video demonstrates the car's ability to easily accommodate seven suitcases and four passengers. The storage capacity is made possible by Lucid's innovative Space Concept, which optimizes interior cabin space through the miniaturization of the electric drivetrain and battery pack. The Lucid Air offers a total of 739 liters of luggage space.

Portfolio Pulse from Anan Ashraf

July 12, 2023 | 10:33 am

Lucid Group shares are experiencing an upward trend due to the continued strength in the electric vehicle (EV) stocks.

Portfolio Pulse from Benzinga Newsdesk

July 11, 2023 | 3:43 pm

Lucid Group, Inc (NASDAQ:LCID) saw a 6% increase in stock price before a group of sellers brought it down by 4%. Since June 23, Lucid's stock has surged about 40%, trading in an uptrend pattern. The pattern is bullish in the short term but can be bearish in the long term. The stock has resistance above at $8.35 and $9.84 and support below at $7.33 and $6.17.

Portfolio Pulse from Melanie Schaffer

July 10, 2023 | 5:51 pm

Benzinga's options activity scanner has identified unusual trading activity in 10 consumer discretionary stocks. The stocks include Tesla (TSLA), Rivian (RIVN), Caesars Entertainment (CZR), Chegg (CHGG), Carter's (CRI), Carvana (CVNA), Lucid Group (LCID), Li Auto (LI), Airbnb (ABNB), and New Oriental Education & Technology Group (EDU). The scanner tracks large transactions, known as 'whale alerts', which can indicate the sentiment of large investors and potentially predict market movements.

Portfolio Pulse from Benzinga Insights

July 10, 2023 | 5:39 pm

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