Lucid's Stock Plummets on Q3 Sales Miss and Production Forecast Cut

TL;DR Summary
Lucid Group Inc. (LCID) shares plunged over 8% to reach a record low following the company's disappointing quarterly results and lowered production outlook. The stock is down 93% from its all-time high in February 2021 and has declined 42.17% this year, in contrast to the S&P 500 index's 14% gain.
- Lucid’s stock ends at record low MarketWatch
- Lucid stock drops on Q3 sales miss, production forecast cut; analyst warns of 'major issues' Yahoo Finance
- Is Lucid (NASDAQ:LCID) A Buy, Sell, or Hold? - TipRanks.com TipRanks
- Lucid Shares Skid After Revenue Miss, Lower Production Guidance Investopedia
- Is Lucid Stock A Sell After Q3 Earnings? (NASDAQ:LCID) Seeking Alpha
Reading Insights
Total Reads
0
Unique Readers
1
Time Saved
0 min
vs 1 min read
Condensed
54%
108 → 50 words
Want the full story? Read the original article
Read on MarketWatch