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Lucid Group (LCID) Registers a Bigger Fall Than the Market: Important Facts to Note

Zacks Investment Research·
Lucid Group (LCID) Registers a Bigger Fall Than the Market: Important Facts to Note

Lucid Group stock fell 6.49% in a recent trading session, significantly underperforming the broader market. The electric vehicle automaker is down 10.15% over the past month and is forecasted to report an EPS of -$2.76 for the upcoming quarter with revenue projected at $378.49 million. The company maintains a Zacks Rank #3 (Hold) rating with no recent changes to consensus EPS estimates.

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