LCID - What's Going On With EV Company Lucid Stock Tuesday? | Benzinga
Lucid Group, Inc. (NASDAQ:LCID) shares are trading marginally lower in the premarketing session on Tuesday.
Baird analyst Ben Kallo reiterated Lucid with a Neutral and maintains a $3 price target.
Yesterday, the company announced it achieved production of 2,110 vehicles and delivered 2,394 vehicles in the second quarter. Analysts, in estimates compiled by Bloomberg, anticipated an average production of 1,954 electric vehicles (EVs) and sales of 1,889 units.
Also Read: Volkswagen’s Rivian Investment ‘De-Risks’ Future Growth Plans But ‘Funding Isn’t Free’: 7 ...