Lucid Group (LCID) Surges Over 9% on Strong Production and Delivery Numbers

Jan 06, 2025

Lucid Group (LCID, Financial) saw its stock rise over 9% in pre-market trading, reaching $3.61. The surge followed the company's announcement of its production and delivery figures for the fourth quarter and the full year of 2024.

In the fourth quarter, Lucid produced 3,386 vehicles and delivered 3,099, surpassing analysts' expectations of 2,339 deliveries. For the entire year, the company produced 9,029 vehicles and delivered 10,241 units.

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