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Stock impact report

Lucid Group (LCID) Declines More Than Market: Some Information for Investors [Yahoo! Finance]

Lucid Group, Inc. (LCID) 
Company Research Source: Yahoo! Finance
Lucid Group (LCID) ended the recent trading session at $9.95, demonstrating a -3.59% change from the preceding day's closing price. The stock fell short of the S&P 500, which registered a loss of 1.36% for the day. Elsewhere, the Dow saw a downswing of 1.64%, while the tech-heavy Nasdaq depreciated by 1.46%. The an electric vehicle automaker's stock has climbed by 4.03% in the past month, exceeding the Auto-Tires-Trucks sector's loss of 6.26% and the S&P 500's loss of 1.76%. Market participants will be closely following the financial results of Lucid Group in its upcoming release. The company is expected to report EPS of -$2.37, up 1.25% from the prior-year quarter. Simultaneously, our latest consensus estimate expects the revenue to be $471.83 million, showing a 100.74% escalation compared to the year-ago quarter. Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of -$9.83 per share and revenue of $2.26 billion. These totals would Show less Read more
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