Why Lucid Motors Stock Popped Monday Morning

Shares of Lucid Group (LCID 4.10%) shot higher by more than 10% this morning after the company released its fourth-quarter electric vehicle (EV) delivery results. While it didn't hold all of its gains, the stock was still higher by 4% as of 11:35 a.m. ET.The move has increased the sharp rise in Lucid shares over the past month to more than 60%.Lucid notches EV delivery recordLucid produced a record 3,386 vehicles and delivered 3,099 vehicles in the fourth quarter. For the full year, the company produced jus ...