Lucid Group (LCID) Stock Sinks As Market Gains: Here's Why

Lucid Group (LCID) ended the recent trading session at $2.65, demonstrating a -0.56% swing from the preceding day's closing price. This change lagged the S&P 500's daily gain of 0.85%. Meanwhile, the Dow lost 0.09%, and the Nasdaq, a tech-heavy index, added 1.53%. For the full year, the Zacks Consensus Estimates are projecting earnings of -$1.16 per share and revenue of $727.29 million, which would represent changes of +14.71% and +22.18%, respectively, from the prior year. Our research reveals that these e ...