GWB - Hot Stocks: LCID rises on EPA rating; FSR downgrade; LKCO product launch; GWB merger deal
Electric-vehicle makers were in focus during Thursday's midday action, with two contenders in the space moving in opposite directions. Lucid Motors (NASDAQ:LCID) advanced after one of its models received a range rating of over 500 miles. Meanwhile, rival Fisker (NYSE:FSR) dropped following an analyst downgrade. Sticking to the realm of transportation, Luokung Technology (NASDAQ:LKCO) experienced significant buying interest after revealing that it has started to provide autonomous-driving data services in China through a partnership with Microsoft (NASDAQ:MSFT). In other news, Great Western Bancorp (NYSE:GWB) was a notable winner on the day, thanks to a $2B merger deal with First Interstate BancSystem (NASDAQ:FIBK). Gainers An EV produced by Lucid Motors (LCID) received an official U.S. Environmenral Protection Agency rating of 520 miles on a single charge. This makes the battery-electric Air Dream Edition the first EV to secure a rating of over 500 miles. LCID advanced 6% in intraday action on
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Hot Stocks: LCID rises on EPA rating; FSR downgrade; LKCO product launch; GWB merger deal