LCID - Why Are Lucid Shares Surging Friday? | Benzinga
Shares of Lucid Group (NASDAQ:LCID) are moving higher on Friday potentially following recent comments from CEO Peter Rawlinson about the company's growth strategy and funding needs.
What To Know: Rawlinson emphasized the need for continued fundraising to support Lucid’s ambitions of becoming a major player in the EV market. He highlighted the partnership with Saudi Arabia’s Public Investment Fund (PIF) as ...