Lucid Group (NasdaqGS:LCID) Jumps 14% In A Week As Q4 Results Show Increased Sales
Last week, Lucid Group (NasdaqGS:LCID) reported its fourth-quarter results, showing increased sales and narrower net losses, alongside production guidance of 20,000 vehicles for 2025. The appointment of Marc Winterhoff as interim CEO signals a leadership adjustment as the company gears for future strategy. These developments occurred as the broader market, including the S&P 500 and Nasdaq, saw a modest rise, recovering from an earlier selloff. Against this backdrop, Lucid's shares rose by...