NEW YORK, March 4, 2025 /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 that it has entered into subscription agreements with certain accredited investors to sell 13,939,331 shares of common stock at a purchase price of $1.10 per share in a registered direct offering. The gross proceeds to the Company from this offering are expected to be approxim ...

It's been an eventful week for investors in Lucid Group (LCID -0.90%). The electric vehicle (EV) stock was already tanking ahead of earnings after getting a massive analyst downgrade when it dealt a big blow to investor confidence by announcing its CEO's sudden departure. That overshadowed Lucid's big production guidance for 2025, and the stock plunged this week -- it was trading 27% lower through Friday noon, according to data provided by S&P Global Market Intelligence. Here's all you need to know.Lucid ha ...

After the bell on Tuesday, we received fourth quarter results from Lucid Group, Inc. (NASDAQ: LCID ). The luxury electric vehicle maker has been one of the market's biggest disappointments in recent years, failing to meet its long-term growth expectations. While theI am a market enthusiast and part-time trader. I started writing for Seeking Alpha in 2011, and it has been a tremendous opportunity and learning experience. I have been interested in the markets since elementary school, and hope to pursue a care ...

So far in the Q4 earnings season, investors have been unforgiving for any company that has less-than-perfect news to report. Double-digit percentage slides have been common, especially among small and mid-cap stocks.With combined experience of covering technology companies on Wall Street and working in Silicon Valley, and serving as an outside adviser to several seed-round startups, Gary Alexander has exposure to many of the themes shaping the industry today. He has been a regular contributor on Seeking Alp ...

Lucid to support study of this expanded indication for esophageal precancer testing in partnership with NIH investigatorsNEW YORK, Feb. 27, 2025 /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 that a consortium of prestigious academic medical centers, led by principal investigators from Case Western Reserve University (CWRU) and University Hospita ...

Electric vehicles (EVs) are in rough terrain. While U.S. EV sales rose 7% last year to 1.3 million in the U.S., the Trump administration's not-so-friendly stance toward electric vehicles has spooked some investors and ignited concerns that growth among EV makers could be stifled.So what's an investor in EV stocks to do? As someone who believes in the long-term potential of this market, I think the current difficulties some EV makers are facing could be temporary. Let's look closely at start-up Lucid (LCID - ...

Lucid Motors (NASDAQ: LCID) has continued to face headwinds since its 2021 IPO, falling short on production and delivery targets while battling mounting financial losses and stock dilution concerns. Despite strong backing from the Saudi Public Investment Fund (PIF), fears of further dilution persist, and the company’s high-end pricing limits its market reach as affordability becomes an increasing priority in the EV sector.However, the start of 2025 provided a rare boost for the struggling luxury EV maker. L ...

Group 1 - Lucid Group (NASDAQ: LCID) exceeded consensus estimates for the fourth quarter, indicating an improving delivery and profitability picture [1] - The company surpassed its full-year delivery guidance and significantly narrowed its operating losses in the fourth fiscal quarter [1]

Core Viewpoint - Lucid Motors' stock has declined over 10% following the downgrade by Bank of America and the unexpected departure of CEO Peter Rawlinson, raising concerns about the company's future direction and product development [1][3]. Company Leadership - Peter Rawlinson, who was pivotal in Lucid's operations and public listing, has left the company, creating uncertainty among investors and analysts [2][3]. - Interim CEO Marc Winterhoff aims to maintain the company's trajectory and focus on increasing vehicle production, reducing losses, and enhancing customer awareness [4][5]. Financial Performance - Lucid reported a net loss of $636.9 million for the fourth quarter, equating to a loss of $0.22 per share, on revenues of $234.5 million [7]. - The company's GAAP gross margin improved to negative 114% in 2024 from negative 225% in 2023, indicating progress in narrowing gross losses [6][7]. Product Development - The company continues to produce the Air sedan while ramping up production of the new Gravity SUV, with customer orders for Gravity starting in Saudi Arabia [8][9]. - A new midsize vehicle platform is under development, expected to launch by the end of 2026, which is deemed critical for growth [9]. Marketing Strategy - Winterhoff plans to significantly increase marketing efforts to boost customer awareness as production scales up [11]. - Selling, general, and administrative expenses reached $900 million in 2024, with a notable increase in sales and marketing expenses [12]. Technology and Partnerships - Lucid's Air model has faced criticism for lacking advanced driver-assistance systems compared to competitors, but a new hands-free driving system is expected to be released later this year [13]. - The company is recognized for its battery efficiency and is in discussions to sell its battery technology to other firms to enhance revenue [14].

Core Viewpoint - Lucid Group has launched a new fully electric SUV and plans to significantly increase its electric vehicle production in 2025, but leadership changes have negatively impacted investor sentiment, leading to a decline in stock price despite positive earnings results [1][2][5]. Group 1: Financial Performance - Lucid reported a fourth-quarter loss of $0.22 per share on sales of $234.5 million, surpassing Wall Street expectations of a $0.25 per share loss and $214 million in revenue [2]. - The company plans to produce about 20,000 electric vehicles in 2025, which is more than double the number manufactured in the previous year [5]. Group 2: Leadership Changes - CEO Peter Rawlinson is stepping down, which has caused concern among investors, despite his previous role in establishing Lucid as a technological leader in the EV market [2][3]. - Marc Winterhoff, the Chief Operating Officer, has been appointed as interim CEO while the board searches for a permanent replacement [4]. Group 3: Product Development - The launch of the Lucid Gravity SUV marks a new phase of growth for the company, but there is uncertainty regarding specific order numbers for the Gravity model, which may be contributing to investor concerns [4][5]. - The Lucid Air Grand Touring sedan boasts the longest battery range of any electric vehicle at 512 miles, highlighting the company's technological advancements [3].