Lucid reports 16% revenue growth for Q1: find out more

Lucid Group Inc (NASDAQ: LCID) is down 7.0% after the bell on Monday even though it came in ahead of sales estimates for its fiscal Q1.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.Why is Lucid stock down in after-hours?Copy link to sectionThe stock is taking a hit primarily because $LCID lost more money on a per share basis than expected. On the plus side, though, Lucid remains confident that it will produce 9,000 vehicles this year which translate ...