Lucid Group, Inc. (NASDAQ:LCID) shares are trading higher Monday. The company is set to report its first-quarter financial results Monday after the bell.
The Details:
Lucid revealed new details about the 2024 Lucid Air Grand Touring in April. The EV will feature an EPA-estimated range of 516 miles, the longest range of any EV in the U.S. market, and a starting price of $109,900.
The company is set to announce its first-quarter financial results Monday after the market close and will host a conference call to discuss the results at 5:30 p.m. ET. According to estimates from Benzinga Pro, analysts expect the company to report losses of 26 cents per share and quarterly revenue of $155.986 million.
According to data from Benzinga Pro, Lucid shares are trading above the stock’s 50-day moving average ...