Lucid Group (LCID) Gearing Up for First International Plant in Saudi Arabia After Signing Agreements with Multiple Agencies

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Go back to Lucid Group (LCID) Gearing Up for First International Plant in Saudi Arabia After Signing Agreements with Multiple Agencies

Lucid Group (LCID) Shares Plunged 13% on Disappointing Q4 Results

February 28, 2022 5:58 PM EST

Lucid Group (NASDAQ: LCID) shares dropped more than 13% after-hours following the companys reported Q4 results, with EPS of ($0.64) coming in worse than the consensus estimate of ($0.35). Revenue was $26.4 million, compared to the consensus estimate of $36.74 million.

The company delivered 125 cars to... More