Lucid (LCID)

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Lucid Diagnostics Signs Memorandum of Understanding with Front Line Mobile Health
Prnewswire· 2024-09-03 11:51
Collaboration aims to enhance early detection of esophageal cancer in at-risk patients through strategic comarketing initiatives serving firefighters NEW YORK, Sept. 3, 2024 /PRNewswire/ -- Lucid Diagnostics Inc. (Nasdaq: LUCD) ("Lucid" or the "Company") a commercial-stage, cancer prevention medical diagnostics company and subsidiary of PAVmed Inc. (Nasdaq: PAVM), today announced the execution of a memorandum of understanding (MOU) with Front Line Mobile Health ("Front Line"), a comprehensive medical care p ...
Should You Buy Lucid While It's Below $5?
The Motley Fool· 2024-09-01 13:30
Lucid makes impressive EVs, but it's still trying to find its production footing. Electric vehicle stocks rocketed to new heights just a few years ago, Lucid Group (LCID 1.51%) included, as cheap money fueled new investments in EVs. But when interest rates rose and vehicle costs ballooned, most EV stocks fell back to Earth. Lucid's share price is down about 80% over the past three years, putting its shares under $5 right now. At that price, is now a good time to buy Lucid? Let's take a look at what's going ...
Prediction: Lucid Is about to Shift Into a Higher Gear
The Motley Fool· 2024-08-27 14:07
After disappointing investors through much of 2023, Lucid is gaining momentum in 2024. There are few potential investments as intriguing as electric vehicle (EV) start-ups as the world transitions away from gasoline-powered vehicles. These start-ups have the potential to ride the wave of surging sales over the next decade, even if it's progressing more slowly in the U.S. than originally anticipated. But Lucid Group (LCID -5.87%), as many vehicle start-ups have learned over the years, found that developing, ...
Lucid: Likely Dead Money
Seeking Alpha· 2024-08-24 07:06
Khosrork Lucid Motors (NASDAQ:LCID) reported a wider-than-expected loss for the second quarter, but the electric-vehicle company secured $1.5 billion in funding from its majority shareholder, Ayar Third Investment Co, which is an affiliate of Public Investment Fund of Saudi Arabia. I think Lucid Motors business model remains fundamentally challenged and I don't see a realistic path to short-term profitable. Though it is obviously a good development for Lucid Motors to see its biggest shareholder extend yet ...
Why Lucid Stock Is Soaring Today
The Motley Fool· 2024-08-23 20:08
With today's big gains, Lucid stock is now up roughly 1% across 2024's trading. Lucid Group (LCID 9.09%) stock is making big gains Friday. The electric vehicle (EV) company's share price was up 9.6% as of 3 p.m. ET, according to data from S&P Global Market Intelligence. The EV specialist's stock is gaining ground following comments from Federal Reserve Chairman Jerome Powell suggesting that central banking authority is on track to cut interest rates in September. In addition to being a bullish catalyst for ...
Musk, Take Notice: Lucid Unveils 3 Affordable EVs To Compete With Tesla's Model Y, Model 3
Benzinga· 2024-08-22 20:51
A battle between Lucid Group Inc LCID and Tesla Inc TSLA could be heating up with more affordable vehicles coming in the electric vehicle sector. What Happened: Lucid Group is set to launch the highly anticipated Lucid Gravity SUV later this year, which could highlight the company's advanced technology and mileage range on electric vehicles. As it looks to compete with other electric vehicle companies, existing automotive companies and EV market leader Tesla, Lucid is set to launch three affordable EVs to t ...
Why Lucid Group Rallied This Week
The Motley Fool· 2024-08-22 18:43
The luxury EV maker's CEO talked a big game at Monterey Car Week. Shares of luxury electric vehicle (EV) maker Lucid Group (LCID 9.77%) rallied 22.9% this week through Thursday trading at 2:20 p.m. ET, according to data from S&P Global Market Intelligence. Although the electric vehicle maker reported earnings earlier in August, the company's CEO made news at the Monterey Car Week this week, with a bullish outlook for the upcoming Gravity SUV, as well as Lucid's technology versus peers -- especially the elep ...
Why Lucid Motors Stock Accelerated Today
The Motley Fool· 2024-08-21 17:28
Core Insights - Lucid Group's shares surged by up to 8% as CEO Peter Rawlinson promoted the upcoming Gravity SUV, indicating strong investor interest in the new model [1] - The Gravity SUV is expected to have a market potential six times larger than the luxury Air Sedans, with a starting price below $80,000 [3] - Rawlinson emphasized that the Lucid Air sedan remains one of the most efficient EVs, with a range of up to 516 miles for the Grand Touring version [2] Company Strategy - Lucid aims to begin production of the Gravity SUV this year, which is seen as a crucial launch for the company [5] - The company plans to produce approximately 9,000 Air EVs this year, focusing on the Gravity SUV to achieve mass production [3] - Rawlinson criticized the current EV market for offering many "underwhelming options," attributing the slowdown in EV sales to rushed market entries [4] Market Position - Rawlinson claimed that Lucid has "taken the mantle from Tesla" in EV technology, positioning the company as a leader in the luxury electric vehicle segment [3] - The Gravity SUV's range is projected to be up to 440 miles, enhancing its competitive edge in the market [3] - The company is addressing the growing popularity of hybrids, labeling the current slowdown in EV sales as a "temporary blip" [4]
Lucid Expands Accessibility to the Award-Winning Lucid Air for Customers in Canada with New Leasing Options
Prnewswire· 2024-08-20 13:00
NEWARK, Calif., Aug. 20, 2024 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ: LCID), maker of the world's most advanced electric vehicles, announced today that Lucid Financial Services has introduced leasing to its portfolio of finance options in Canada. Customers in Canada can now access flexible, transparent, and competitive leasing options, giving them even more ways to get behind the wheel of the groundbreaking Lucid Air, with up to 824km of NRCan-estimated range1. Lucid Expands Accessibility to the Award-Wi ...
Lucid Diagnostics Announces Publication of Analytical Validation Study of EsoGuard® for Early Detection of Esophageal Precancer and Cancer
Prnewswire· 2024-08-20 12:16
Study demonstrates excellent analytical accuracy, repeatability, and reproducibility of the assay NEW YORK, Aug. 20, 2024 /PRNewswire/ -- Lucid Diagnostics Inc. (Nasdaq: LUCD) ("Lucid" or the "Company") a commercial-stage, cancer prevention medical diagnostics company and subsidiary of PAVmed Inc. (Nasdaq: PAVM), today announced the peer-reviewed publication of an analytical validation study of its EsoGuard® Esophageal DNA test for the diagnosis of esophageal precancer (Barrett's Esophagus or BE) and esopha ...