Annual Changes to the Nasdaq-100 Index®

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RBC Capital expects Lucid (LCID) to trade down following CFO departure

December 12, 2023 9:06 AM EST

Electric vehicle maker, Lucid Group (NASDAQ: LCID) announced Monday that CFO, Sherry House will be stepping down from her position effective immediately.

As of December 11, 2023, Gagan Dhingra, who currently serves as Lucid's Vice President of Accounting and Principal Accounting Officer, will assume the position of Lucid's interim Chief Financial Officer and Principal... More

Lucid (LCID) removed from Nasdaq-100, CFO resigns

December 11, 2023 4:52 PM EST

Shares of American electric automaker, Lucid Group (NASDAQ: LCID) are down more than 4.2% after market close on Monday following an announcement that CFO, Sherry House will be stepping down from her position effective immediately.

Lucid stated that Ms. House's departure is unrelated to any disagreement with Lucid's independent auditors, the company's board of directors (referred to... More