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Lucid's stock dives toward another record low after EV deliveries disappoint
LCIDLucid (LCID) Market Watch·2024-01-11 16:43

Shares of Lucid Group Inc. fell deeper into record-low territory after the maker of luxury electric vehicles reported fourth-quarter deliveries that fell short of Wall Street expectations.The California-based company said it delivered 1,734 EVs during the fourth quarter, up 19% from the third quarter but down 10% from the same period a year ago. That missed the FactSet deliveries consensus of 2,000 EVs.The stock LCID, -6.74% sank 6.9% in midday trading and was headed for a third straight record low and 10th ...