LCID - Hot Stocks: HOG drops on production hiatus; LCID rises; GRAB LSPD jump on earnings news

Lucid (LCID) surged in Thursday's midday trading on encouraging signs from China and Saudi Arabia. Meanwhile, earnings news sparked gains for Grab (GRAB) and Lightspeed Commerce (LSPD). On the other side of the ledger, Harley Davidson (HOG) ranked among the day's standout decliners. Shares were weighed down by a surprise production halt. Gainers Shares of EV maker Lucid (LCID) rallied nearly 14% in intraday trading, boosted by a couple of headlines from overseas markets.  Reports indicated that China was considering further extending subsidies to EV makers. Meanwhile, LCID signed deals to produce electric vehicles in Saudi Arabia. Meanwhile, earnings news sparked gains in Grab (GRAB). Shares of the Southeast Asian delivery, mobility and financial services app jumped 38% after reporting strong results and an upbeat forecast.  For the latest quarter, the firm's revenue rose nearly 6% from last year, including 70% growth in its deliveries business. Looking longer-term, GRAB predicted

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Hot Stocks: HOG drops on production hiatus; LCID rises; GRAB, LSPD jump on earnings news