Lucid Stock Hits 52-Week Low - Here's Why - Lucid Group (NASDAQ:LCID)

Lucid Group Inc (NASDAQ:LCID) is down in premarket trading Wednesday after reporting mixed fourth-quarter earnings and filing a share resale prospectus supplement.Lucid posted fourth-quarter revenue of $522.73 million, topping analyst estimates of $469.2 million a 123% year-over-year jump. However, the company reported an adjusted loss of $3.08 per share, missing estimates for a $2.64 loss.Lucid produced 8,412 vehicles in fourth-quarter, up 116% year-over-year, and delivered 5,345. The company exited the qu ...