May 8, 2024

Lucid Group, Inc. LCID shares are buying and selling greater Thursday, although the inventory stays down by practically 20% during the last month.

What To Know:

Lucid Group is ready to launch its third-quarter monetary outcomes after the market shut on Nov. 7 and can host a convention name to debate the outcomes at 6:30 p.m. ET the identical day.

In keeping with estimates from Benzinga Professional, the corporate is predicted to report a lack of 35 cents per share and quarterly income of $183.841 million.

Lucid Group shares have change into a favourite amongst retail traders in addition to short-sellers. LCID is among the prime trending tickers on Yahoo Finance and 19.08% of obtainable LCID shares are being bought quick, in line with knowledge from Benzinga Professional.

Lucid Group shares are gaining on above-average quantity Thursday with greater than 21 million shares already traded, in comparison with the inventory’s 100-day common quantity of simply over 29 million shares.

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LCID Value Motion: In keeping with Benzinga Professional, Lucid Group shares are up over 10% at $4.49 on the time of publication.

Picture: Gerd Altmann from Pixabay

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