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Benzinga
Benzinga
Business
Dylan Berman

Lucid Stock Is Falling Wednesday: What's Going On?

Chicago,-,Circa,April,2023:,Lucid,Air,Touring,Sedan,Display

Lucid Group, Inc. (NASDAQ:LCID) shares are trading lower Wednesday after the company reported worse-than-expected financial results.

What To Know: Lucid reported an adjusted loss of 24 cents per share, missing estimates for a loss of 21 cents. In addition, the company reported sales of $259.43 million, missing the consensus estimate of $296.24 million.

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