Lucid (LCID)
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Why Lucid Stock Soared Today
The Motley Fool· 2024-11-14 02:39
Shares of Lucid Group (LCID 3.50%) surged on Wednesday, hitting a hit of 8.9% in the early morning. The stock was trading 4.5% higher as of 12:30 p.m. ET.Investors in the electric vehicle (EV) stock seem to be shrugging off their disappointment with President-elect Donald Trump's choice of new Environmental Protection Agency (EPA) leader and shifting focus to things that could give Lucid a new lease of life.Lucid is hoping the police uses its Air sedanLucid stock fell yesterday as investors reacted to Trump ...
Lucid Diagnostics Provides Business Update and Third Quarter 2024 Financial Results
Prnewswire· 2024-11-13 21:01
EsoGuard® revenue up 20 percent sequentiallyClinical evidence package for Medicare coverage submission complete Direct contracting initiative expanded to multiple programs to drive near-term revenue growthConference call and webcast to be held today, November 13th at 8:30 AM ESTNEW YORK, Nov. 13, 2024 /PRNewswire/ -- Lucid Diagnostics Inc. (Nasdaq: LUCD) ("Lucid" or the "Company") a commercial-stage, cancer prevention medical diagnostics company, and subsidiary of PAVmed Inc. (Nasdaq: PAVM, PAVMZ) ("PAVmed" ...
Why Lucid Stock Is Falling Today
The Motley Fool· 2024-11-13 01:16
Investors may be worried about President-elect Donald Trump's pick to run the EPA.Shares of Lucid Group (LCID -7.05%), an electric vehicle marker, tumbled today likely as investors reacted to President-elect Donald Trump's choice to lead the Environmental Protection Agency (EPA).Lucid's share price was down by 7.6% as of noon ET.A less-favorable stance toward EVs could be on horizonFormer Congressman Lee Zeldin was chosen by Trump to head up the EPA yesterday, and that likely spooked some Lucid investors be ...
LCID Stock Rises 16% From 52-Week Low: Is it a Smart Buy Now?
ZACKS· 2024-11-12 23:35
Electric vehicle (EV) maker Lucid Group (LCID) hit a 52-week low of $2.02/share last Wednesday. Since then, this penny stock has rallied roughly 16%. The company’s third-quarter results (released last Thursday) were somewhat mixed. While Lucid incurred a wider-than-expected loss in the quarter, revenues surpassed estimates. But what seems to have renewed investor confidence in the stock is the opening up of the order book for its new offering — Gravity SUV. Additionally, LCID posted on X yesterday that its ...
Lucid Group Stock: Still A Sell, Even At $2
Seeking Alpha· 2024-11-12 22:11
Lucid Group, Inc. (NASDAQ: LCID ) makes an excellent vehicle. Its top-end model, the Air Sapphire edition, packs over 1,200 horsepower , over 500 miles of range, and can jet from zero to sixty in about 1.9 seconds. Incredible!Are You Getting The Returns You Want? Invest alongside the Financial Prophet's All-Weather Portfolio (2023 47% return) and achieve optimal results in any market.The Daily Prophet Report provides crucial information before the opening bell rings each morning.Implement my Covered Call Di ...
Lucid Group Stock: More Pain Ahead
Seeking Alpha· 2024-11-12 02:15
Lucid Group, Inc. (NASDAQ: LCID ) submitted its third-quarter earnings sheet last Thursday, and the electric vehicle (“EV”) company beat bottom and top-line expectations. The EV maker saw a decent Q3 ’24 ramp in terms of deliveries as well, but Lucid did notAnalyst’s Disclosure: I/we have a beneficial long position in the shares of TSLA, RIVN either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (o ...
Is Lucid Motors a Millionaire-Maker Stock?
The Motley Fool· 2024-11-11 22:00
Shares in this EV maker are dirt cheap. Is it time to buy?When looking for a stock with millionaire-maker potential, I typically gravitate toward companies with small valuations, rapid growth, and a pathway to profitability. With shares down by a whopping 97% from their all-time high of $58 (reached in early 2021), Lucid Group (LCID -0.45%) meets at least one of these criteria. But what about the others? Let's dig deeper into the pros and cons of this embattled electric automaker. What happened to Lucid's o ...
Lucid's Delivery Gains, New SUV Can't Shake Profit Concerns
Benzinga· 2024-11-09 02:20
Lucid Group Inc. LCID is betting big on its upcoming Gravity SUV to capture a broader slice of the electric vehicle (EV) market, but it's a cautious play for investors. Needham's Chris Pierce reaffirmed a Hold rating on LCID stock, highlighting promising delivery gains while flagging concerns over long-term profitability and further dilution risks.Chart created using Benzinga ProLucid’s Rising Deliveries, Falling MarginsLucid's latest earnings report spotlighted a third consecutive quarter of record deliver ...
Why Lucid Stock Crashed 37.4% in October and Just Hit Its 52-Week Low
The Motley Fool· 2024-11-09 01:59
Lucid's losses keep getting bigger, and it continues to sell shares to raise money.October turned out to be the worst month of 2024 so far for Lucid Group (LCID -2.03%), with the electric vehicle (EV) stock crashing 37.4%, according to data provided by S&P Global Market Intelligence.Investors got a shock when Lucid announced plans to sell shares to raise money, even as its production and delivery numbers continued to disappoint. With Lucid just reporting a significantly large loss for the third quarter, the ...
Why Lucid and Rivian Stocks Rose Briefly and Tesla Topped $1 Trillion Again on Friday
The Motley Fool· 2024-11-09 01:27
Tesla may not be the cheapest EV stock, but at least it's earning a profit.Friday is looking like it's going to be a busy day for investors in electric vehicles, with Rivian Automotive (RIVN 0.70%) and Lucid Group (LCID -0.91%) both having reported earnings last night, and Tesla (TSLA 6.76%) stock reacting to the news from its rivals.Earlier today, Lucid stock was up 6%, though around noon ET it was negative on the day. Similarly, Rivian was up 4.8% earlier but had dipped down to a 0.80% gain. Surprisingly, ...