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Lucid stock faces significant short-seller activity
Finbold· 2024-06-24 13:54
USD - Lucid Group, Inc. . 1D . NASDAQ * = 2.49 -0.05 (-1.97%) 8.50 0.01 2.50 and Resistance Levels with Breaks [LuxAlgo] 15 15 20 3.35 2.29 0.0000 0.0000 8.00 7.50 7.00 6.50 6.00 @ @ ■ ( 70.00 64.08 60.00 48.34 37,31 30.00 17 TradingView 20.00 ◎ Technical analysis of LCID stock. Source: Trading View LCID / Lucid Group, Inc. 1,400,000 1,300,000 1,200,000 1,100,000 1,000,000 = = 900,000 s c 800,000 Shares 700,000 600,000 500,000 400,000 300,000 200,000 100,000 0 Nov-23 Dec Jul-23 -23 4 Mar-24 Apr-24 May-24 lu ...
LCID Stock Alert: Lucid Motors Files for Ocean Trademark
Investor Place· 2024-06-20 15:05
Following the disastrous launch of its Ocean SUV, which resulted in a multitude of customer complaints, Fisker (OTCMKTS:FSRN) has filed for Chapter 11 bankruptcy protection. The news shouldn't come as a major surprise, as Fisker was removed from the New York Stock Exchange earlier this year before defaulting on its debt. However, Lucid (NASDAQ:LCID) seems to be taking advantage of Fisker's woes and the name of its flagship vehicle. According to Electrek, the pure-play EV company submitted a trademark filing ...
Lucid Group (LCID) Stock Falls Amid Market Uptick: What Investors Need to Know
ZACKS· 2024-06-18 23:20
The most recent trading session ended with Lucid Group (LCID) standing at $2.57, reflecting a -1.53% shift from the previouse trading day's closing. The stock fell short of the S&P 500, which registered a gain of 0.25% for the day. Meanwhile, the Dow gained 0.15%, and the Nasdaq, a tech-heavy index, added 0.03%. For the full year, the Zacks Consensus Estimates project earnings of -$1.16 per share and a revenue of $727.29 million, demonstrating changes of +14.71% and +22.18%, respectively, from the preceding ...
3 EV Stocks to Sell in June Before They Crash & Burn
Investor Place· 2024-06-18 10:00
Electric vehicles (EV) aren't going away but they aren't the growth industry they once were. Year-over-year sales are dramatically slowing with first-quarter sales rising just 2.6% from 2023. EVs accounted for 7.3% of all new-vehicle sales in the period, down from the fourth quarter, according to Kelley Blue Book. It was the first quarter-to-quarter decline since the pandemic. To put it in perspective, first-quarter 2023 sales had soared 46% from the prior year, which itself had been over 81% higher than in ...
Lucid Vs. Tesla: CEO Says Company's Technology Is 'A Number Of Years Ahead' Of EV Leader
Benzinga· 2024-06-17 19:03
Loading... Why It's Important: The comments from Rawlinson come after a recent interview with BBC where he said Tesla was "distracted." Rawlinson and Lucid have had a building rivalry with Tesla. Rawlinson's previous role at Tesla as a chief engineer and working on the Tesla Model S has often been discredited for his role at the company by Tesla CEO Elon Musk. With Lucid facing cash concerns as its losses mount, Musk has said the company will face bankruptcy. The technology of Lucid could be a differentiati ...
Exit Alert: 3 Stocks to Offload Before the Downturn
Investor Place· 2024-06-15 10:12
Understanding when to sell a particular stock might be as important in investing as when to acquire it. Here, the focus is on identifying stocks to sell during market downturns, as it is crucial to mitigate potential financial risks when investing. Three identified companies suffer rising operating expenses and severe market hurdles due to market volatility and economic concerns, reducing the appeal of owning their stocks over the long run. It is important to comprehend these processes, as evidenced by the ...
Lucid Group (LCID) Stock Sinks As Market Gains: Here's Why
ZACKS· 2024-06-12 23:15
Lucid Group (LCID) ended the recent trading session at $2.65, demonstrating a -0.56% swing from the preceding day's closing price. This change lagged the S&P 500's daily gain of 0.85%. Meanwhile, the Dow lost 0.09%, and the Nasdaq, a tech-heavy index, added 1.53%. For the full year, the Zacks Consensus Estimates are projecting earnings of -$1.16 per share and revenue of $727.29 million, which would represent changes of +14.71% and +22.18%, respectively, from the prior year. Our research reveals that these e ...
Lucid Group, Inc. (LCID) Evercore ISI 3rd Annual Global Clean Energy and Transition Technologies Summit (Transcript)
2024-06-12 16:13
Lucid Group, Inc. (NASDAQ:LCID) Evercore ISI 3rd Annual Global Clean Energy and Transition Technologies Summit Call June 12, 2024 9:00 AM ET Company Participants Peter Rawlinson - Chief Executive Officer & Chief Technology Officer Conference Call Participants Mike Canada - KORE Power Unidentified Analyst Okay. Well, good morning, everyone, and thank you for joining for the second day of the Evercore ISI's 3rd Annual Clean Energy Conference. Really happy to host Peter Rawlinson, CEO and CTO of the electric v ...
Lucid Group, Inc. (LCID) Deutsche Bank Global Auto Industry Conference (Transcript)
2024-06-11 20:17
Lucid Group, Inc. (NASDAQ:LCID) Deutsche Bank Global Auto Industry Conference June 11, 2024 2:40 PM ET Company Participants Peter Rawlinson - CEO and CTO Conference Call Participants Emmanuel Rosner - Deutsche Bank Emmanuel Rosner Pleased to be joined today by Peter Rawlinson, who is the CEO and CTO of the company. As you probably all know, Lucid is a vehicle manufacturer specializing in luxury electric vehicles, as well as electric technology. The company is targeting production of 9,000 units for this yea ...
Lucid Stock's Risky Allure: Navigating the Short-Term Profit Potential
Investor Place· 2024-06-11 10:46
Back in 2022, the Lucid Air won automotive publication MotorTrend's Car of the Year award. At the time, one of the standout attributes regarding the Air was its engineering excellence. In part, the auto magazine highlighted the EV's unique heat management and cooling systems which effectively handle the loads associated with full power. Against the bigger picture, it's admittedly tough to bet heavily on Lucid stock. As CNBC pointed out earlier this year, the robust sentiment for EV manufacturing has faded. ...