RXT - Hot Stocks: LCID orders; NCLH stock offering; RXT climbs on earnings; COOK NRDY decline
Lucid Group (NASDAQ:LCID) held the spotlight in Tuesday's midday trading, posting a double-digit percentage gain on strong bookings for its electric vehicles. Rackspace Technology (NASDAQ:RXT) represented another of the standout intraday gainers, thanks to upbeat quarterly results. Looking at some of the day's biggest decliners, Norwegian Cruise Line (NYSE:NCLH) dropped on news of a stock offering. Meanwhile, Traeger (NYSE:COOK) and Nerdy (NYSE:NRDY) both declined on earnings news. Gainers Lucid Group (LCID) jumped nearly 15% in intraday action after the EV maker announced strong reservation data. The company said that its Q3 customer reservations rose to 13,000 in Q3. This sales pace gave it an order book of about $1.3B. Rackspace Technology (RXT) also posted a midday advance, climbing nearly 13% on strong earnings figures. The firm's non-GAAP earnings rose by a third, bolstered by 12% revenue growth. Decliners Norwegian Cruise Line (NCLH) dropped about in midday trading following news of
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Hot Stocks: LCID orders; NCLH stock offering; RXT climbs on earnings; COOK, NRDY decline