Lucid Shares Plunged 13% on Disappointing Q4 Results

StreetInsider2022-03-01

Lucid Group (NASDAQ: LCID) shares dropped more than 13% after-hours following the company’s reported Q4 results, with EPS of ($0.64) coming in worse than the consensus estimate of ($0.35). Revenue was...

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Comments

  • SCLIEW
    2022-03-01
    SCLIEW
    666
  • RK0948
    2022-03-01
    RK0948
    Great !!
  • JC888
    2022-03-01
    JC888
    If there is one thing good about the Americans is that they are the Masters of Deception and Illusions.  Anyone with commonsense would know that for a startup, the embarkation to become a full fledge EV production house will take time.  Time to build a Solid and Sturdy product (hell Telsa is still recalling massively to fix teething issue) and time to get the books Black.  The incessant egging each other on to drive up a new startup like Lucid is the receipe for disaster when its time to publish the Finances... In the end it is the retail investors whose heads are on the chopping board...  Just found out it took Telsa 10+ YEARS to get into Black... This is why the Chinese EV manufacturers are doing an excellent job - they are almost 2+ years into production is going to
  • Asphen
    2022-03-01
    Asphen
    There were alot of expectation tat it will drop alot, so it did not disappoint 
  • Desmond669
    2022-03-01
    Desmond669
    Sell
  • lappiloco
    2022-03-01
    lappiloco
    NIO is better. Nio going to list in HK n SG
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