Lucid Announces Third Quarter 2021 Financial Results and Lucid Air Wins 2022 MotorTrend Car of the Year

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EV Lucid (LCID) Stock Soars as Citi Hikes Price Target by Over 100%

November 16, 2021 6:40 AM EST

Shares of Lucid Group (NASDAQ: LCID) are up 5% in pre-open Tuesday after the companys Q3 earnings report showed no negative surprises.

The company reported EPS of ($0.43), compared to ($6.64) in Q3 2020. Revenue came in at $232,000, lower than $334,000 reported a year ago.

Lucid said its order book stood at $1.3 billion at the end of the quarter as... More

Lucid (LCID) Stock Gains as Q3 Shows No Major Surprises for 'Car of the Year' Recipient

November 15, 2021 5:38 PM EST

Lucid Group, Inc. (NASDAQ: LCID) shares were trading around 2.3% higher after-hours following the companys reported Q3 results, with EPS coming in at ($0.43), compared to ($6.64) in Q3/20. Quarterly revenue was $232,000, compared to $334,000 in Q3/20. Customer reservations grew to 13,000 during the quarter, reflecting an... More