Lucid Group Inc
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Consumer Discretionary : Automobiles |
Company profile

Lucid Group Inc, formerly Churchill Capital IV Corp, is engaged in manufacturing electric vehicles (EV). The Company’s car, Lucid Air, is a sedan. It features interior space in a mid-size exterior footprint. It uses electric vehicle technology for each type of car it builds. Its EV cars have a horsepower of approximately 1,080 and a range of approximately 500 miles per charge. The Company’s Lucid application provides an in-car experience. It offers Air Dream Edition, Air Grand Touring, Air Touring and Air Pure. The Company’s studios and service centers are located across California, Florida, Michigan, Illinois, New York City, Massachusetts, Washington, Arizona, Canada, Virginia, Texas and Colorado.

Premarket

Last Trade
Delayed
$28.62
-0.08 (-0.28%)
Bid
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Ask
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B/A Size
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Market Hours

Closing Price
$28.70
Day's Change
0.00 (0.00%)
Bid close
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Ask close
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B/A Size
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Day's High
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Day's Low
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Volume
(Light)
Volume:
330,275

10-day average volume:
41,187,789
330,275

EV maker Lucid's stock rallies to best in eight months

5:28 pm ET October 28, 2021 (MarketWatch)
Print

Shares of Lucid Group Inc. (LCID) rose 31% to close at $35.48 on Thursday, their highest close since Feb. 22, when it closed at $57.37, and their largest one-day percentage increase since Feb. 16, when it rallied 32%. Lucid earlier this week announced that deliveries of its first "dream edition" Lucid Air electric luxury sedans will begin on Saturday. Lucid started production at its factory in Casa Grande, Ariz., last month. The electric sedans start at $77,400, but the top-of-the-line trim starts at about $170,000. Lucid shares have more than tripled this year, compared with gains of around 22% for the S&P 500 index.

-Claudia Assis

	

(END) Dow Jones Newswires

October 28, 2021 17:28 ET (21:28 GMT)

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