Lucid (NASDAQ: LCID) stock’s performance in the last 30 days has been nothing short of stellar as the electric vehicle (EV) maker soared 20.57% to $2.52 within the time frame.LCID stock 30-day price chart. Source: FinboldThe rally is made even more remarkable because it took place at a time when most of its peers – as well as equity from other sectors – have been under severe pressure from the now-postponed Liberation Day tariffs.In the last 24 hours, Lucid shares benefited significantly from a +$0.23 (9.91 ...

The automotive industry is highly loyal, and one of the biggest challenges is "conquesting" consumers, which is simply one brand taking a customer from another. Since Tesla (TSLA 22.25%) vehicles hit the roads, the company has thoroughly dominated the U.S. market in sales volumes, but a recent backlash against the once unflappable brand may have sent consumers fleeing to a competitor you might not expect: Lucid (LCID 9.91%). Lucid's interim CEO made some very intriguing comments recently, and investors shou ...

Core Viewpoint - Lucid Diagnostics Inc. has announced a public offering of 12,500,000 shares at a price of $1.20 per share, aiming to raise approximately $15 million for working capital and general corporate purposes [1][2]. Company Overview - Lucid Diagnostics Inc. is a commercial-stage cancer prevention medical diagnostics company and a subsidiary of PAVmed Inc. The company focuses on patients with gastroesophageal reflux disease (GERD), who are at risk of developing esophageal precancer and cancer [6]. Offering Details - The offering includes a 45-day option for underwriters to purchase an additional 1,875,000 shares at the public offering price [1]. - The gross proceeds from the offering are expected to be around $15 million, excluding any proceeds from the underwriters' option [2]. - The offering is expected to close on or about April 11, 2025, subject to customary closing conditions [2]. Underwriters - Canaccord Genuity LLC is acting as the sole bookrunner for the offering, while Maxim Group LLC is serving as co-manager [3]. Regulatory Information - The offering is made pursuant to a shelf registration statement declared effective by the Securities and Exchange Commission on December 6, 2022 [4]. - A prospectus supplement will be filed with the SEC, and the securities may only be offered by means of a written prospectus [4].

$1.1B new convertible offering and repurchase of ~$1B principal of existing 1.25% convertible notes due in 2026. New issue structured efficiently with PIF support from prepaid forward share purchase, 5-year maturity, and cappedcall overlay resulting in effective conversion price of $4.80.NEWARK, Calif., April 8, 2025 /PRNewswire/ -- Lucid Group, Inc. (Nasdaq: LCID), maker of the world's most advanced electric vehicles, today announced the closing of $1.1 billion aggregate principal amount of convertible sen ...

After a weak Q1 performance, is it time to buy Lucid stock?The stock market struggled in the first quarter of 2025, but investors in Lucid Group (LCID -5.31%) had it much worse. The electric vehicle (EV) stock plunged 19.9% in Q1, according to data provided by S&P Global Market Intelligence, versus the Nasdaq Composite's (^IXIC -0.81%) 10.4% drop. The S&P 500 (^GSPC -0.51%), comparatively, fared much better, falling only 4.6% in Q1 2025.While President Donald Trump's first day in office rattled EV stocks, L ...

Trading in Lucid Group, Inc. LCID was quiet on Tuesday. But this may not be the case for long.If the market's reversal has legs and keeps moving higher, there is a good chance that, on a percentage basis, Lucid will outperform it. This is why we have made it our Stock of the Day.Lucid is trading just below resistance around the $2.65 level.Resistance is a price at which there is significant sell interest among traders and investors. If a stock is moving higher, it's because demand is greater than supply. Th ...

It might seem like investors in Lucid Group (LCID -1.08%) can't catch a break these days. After years of disappointing results, slow delivery growth, and production hiccups and delays, the young electric vehicle (EV) maker finally seemed to have momentum and growth on its side.But despite announcing the best quarter of deliveries in its history, the stock was sliding this past week. What gives?A delivery recordDuring the first quarter, Lucid delivered 3,109 vehicles, the highest quarterly total in the young ...

Group 1: Production Achievements - Lucid achieved a production target of 9,029 vehicles in 2024, surpassing its goal of 9,000 vehicles [2] - The company reported record deliveries for four consecutive quarters in 2024, indicating significant momentum [3] - Year-over-year production increased by approximately 7% from 8,428 vehicles in 2023 to 9,029 in 2024 [3] Group 2: Future Production Goals - Lucid aims to double its production to around 20,000 vehicles in 2025, which will test its production facilities and management capabilities [4] Group 3: Financial Performance - In 2024, Lucid generated vehicle sales revenue of approximately $809 million, while production costs amounted to $1.7 billion, resulting in a significant loss [6] - The company incurred a loss of $900 million on vehicle production, indicating an unsustainable business model without cost reductions [7] - Research and development expenses were nearly $1.2 billion in 2024, reflecting the company's focus on technological advancement [8] - Selling, general, and administrative expenses exceeded $900 million in 2024, posing additional financial challenges [9] Group 4: Profitability Challenges - Despite progress in production, Lucid is far from achieving profitability, which remains the most critical goal for investors [5][10] - The current cost structure and high expenses indicate that the company is likely years away from becoming a sustainable business [10]

Lucid stock (NASDAQ: LCID) has been on a bumpy road ever since its 2021 initial public offering (IPO).President Trump’s newest salvo of tariffs, unveiled on April 2, caused a sharp correction in the price of LCID shares. To be precise, the price of Lucid stock dropped from $2.40 at the time of the announcement to $2.27 at press time on April 4. At present, LCID stock is down 25% on a year-to-date (YTD) basis.LCID stock price year-to-date (YTD) chart. Source: FinboldIn addition, the luxury carmaker’s shares ...

Lucid Group, Inc. (LCID) , an EV manufacturer, has reported its production and delivery figures for the quarter ending March 31, 2025. The company produced 2,212 vehicles at its Casa Grande, AZ, plant in the first quarter, up 28% from the corresponding quarter of 2024. Additionally, 600 vehicles were in transit to Saudi Arabia for final assembly at Lucid’s new AMP-2 plant, its first manufacturing facility outside the United States. Lucid delivered 3,109 vehicles in the quarter, up 58% year over year, surpas ...