Lucid Group Today LCID Lucid Group $2.74 -0.54 (-16.46%) 52-Week Range $2.29 ▼ $5.31 Price Target $3.71 Add to Watchlist If you've been wondering when Lucid Motor's NASDAQ: LCID downtrend will resume and how deep the stock price can go, the answers are soon and much deeper. The latest news is more of the same as what was issued earlier in the year, resulting in increased dilution and reduced investor confidence. The news is the public offering of 262,000,000 million shares and an offsetting issuance to Luci ...

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NEWARK, Calif., Oct. 17, 2024 /PRNewswire/ -- Lucid Group, Inc. (Nasdaq: LCID; "Lucid") announced today that it priced its underwritten public offering of 262,446,931 shares of its common stock. The underwriter may offer the shares of common stock from time to time for sale in one or more transactions to purchasers directly, through agents or through brokers in brokerage transactions on Nasdaq, in the over-the-counter market, through negotiated transactions or in a combination of such methods, or otherwise ...

Core Viewpoint - Lucid Motors is facing significant stock market challenges in 2024, with a notable decline of 14.94% following a new share offering announcement, which has raised concerns among investors about stock dilution [1][2]. Group 1: Stock Performance and Market Reaction - Lucid Motors' stock price fell to $2.79 after the announcement of a new offering of over 262 million shares, with an additional option for underwriters to purchase more than 39 million shares [1][2]. - The stock has experienced a year-to-date decline of 20.96%, and a 66.84% drop from its IPO price, indicating ongoing struggles in maintaining investor confidence [6][8]. - Despite a brief rally following a strong Q3 production report, the stock's performance has been volatile, with a 13.23% decline in the last 30 days [6][8]. Group 2: Production and Delivery Insights - In Q3, Lucid shipped 2,781 vehicles, surpassing forecasts of 2,242, but produced only 1,805 vehicles, which was 300 fewer than the previous quarter and 400 below expectations [3][4]. - The company missed its delivery target for the first half of 2024 by approximately 90%, delivering only 4,361 vehicles against a projected 90,000 [4]. Group 3: Investor Sentiment and Future Outlook - Investor confidence is largely supported by the backing of the Saudi Arabian Public Investment Fund (PIF), which has pledged to purchase nearly 375 million shares to maintain its stake [2][6]. - Despite the challenges, there remains hope for Lucid's recovery, as evidenced by its ability to generate excitement through product showcases and partnerships, such as the introduction of the Lucid Air model to Four Seasons [5].

NEWARK, Calif., Oct. 16, 2024 /PRNewswire/ -- Lucid Group, Inc. (Nasdaq: LCID; "Lucid") announced today the commencement of a public offering of 262,446,931 shares of its common stock. The underwriter may offer the shares of common stock from time to time for sale in one or more transactions to purchasers directly, through agents or through brokers in brokerage transactions on Nasdaq, in the over-the-counter market, through negotiated transactions or in a combination of such methods, or otherwise at a fixed ...

Patent covers proprietary method using methylation of the CCNA1 gene to help detect esophageal precancer and cancer NEW YORK, Oct. 15, 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 that it has received a Notice of Allowance from the United States Patent and Trademark Office (USPTO) for a patent application covering its proprietary method of ...

Advanced electric car company to provide complimentary cars for guest use at participating Four Seasons hotels and resorts beginning this month TORONTO and NEWARK, Calif., Oct. 14, 2024 /PRNewswire/ -- Global luxury hospitality leader Four Seasons and Lucid Group, Inc., maker of the world's most advanced electric vehicles, announce a new partnership grounded in a shared vision of an exceptional, sustainable lifestyle. The collaboration underscores both companies' commitment to environmental stewardship and ...

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NEW YORK, Oct. 9, 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 that it will participate in the 2024 Maxim Healthcare Virtual Summit. Event Details: Date: Tuesday, October 15, 2024 Time: 11:30 AM Eastern Time Format: Fireside Chat with Dennis McGrath, Lucid's Chief Financial Officer Venue: Virtual For more information about the 2024 Maxim H ...

Electric vehicle (EV) maker Lucid Group (LCID) set a new record for vehicle deliveries in the third quarter of 2024. It delivered 2,781 vehicles in the September quarter, marking the third consecutive quarter of record deliveries. This brings LCID's total deliveries so far this year to 7,142, surpassing the 6,001 units delivered in 2023. Hefty discounts are making the vehicles more affordable and driving Lucid's deliveries. For instance, LCID is offering up to $17,500 in savings on the 2024 Air Grand Tourin ...