BUZZ-Lucid gains after strong annual production forecast, CEO transition

Reuters
02-26
BUZZ-Lucid gains after strong annual production forecast, CEO transition

** Electric vehicle maker Lucid Group's LCID.O shares rise 3.5% to $2.69 premarket

** LCID says Peter Rawlinson, its CEO for over 5 years, is stepping down from the role and forecasts its vehicle production will more than double this year

** Co forecasts vehicle production this year to be around 20,000, compared with around 9,000 cars it made in 2024

** Co reports Q4 revenue of $234.5 million, beating Wall Street estimates of $214.2 million, according to data compiled by LSEG

** "We are skeptical the company will be able to turn the corner toward profitability, even if its volumes more than double in 2025" - CFRA Research analyst Garrett Nelson

** Up to last close, LCID stock has fallen ~14% in the past 12 months

(Reporting by Jaspreet Singh in Bengaluru)

((Jaspreet.Singh@thomsonreuters.com ; https://twitter.com/i_jass))

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10