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Lucid (LCID) Stock Tanks 9% — Uber Deal Can’t Save It From a Brutal Q1

By Trader Edge at 2026-05-03 15:00

Sentiment: Negative

TLDR Lucid Group stock fell 9.3% to $6.27 on Thursday, with trading volume surging 272% above average to over 37 million Q1 2026 revenue came in far below Wall Street expectations, with a projected $1 billion operating loss raising fresh cash burn concerns A new $1.05 billion funding round was announced, but investors focused on [...] The post Lucid (LCID) Stock Tanks 9% — Uber Deal Can’t Save It From a Brutal Q1 appeared first on CoinCentral. Continue reading...

Categories: Stocks

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