No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Tuesday, October 7, 2025
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Business

Why Lucid Group Inc. (LCID) Soared On Friday

by TheAdviserMagazine
5 months ago
in Business
Reading Time: 2 mins read
A A
Why Lucid Group Inc. (LCID) Soared On Friday
Share on FacebookShare on TwitterShare on LInkedIn


We recently published a list of What Sent These 10 Stocks Soaring Today? In this article, we are going to take a look at where Lucid Group Inc. (NASDAQ:LCID) stands against other Friday’s best-performing stocks.

The stock market edged lower on the last day of the trading week as investors sold off positions to mitigate risks from the anticipated trade talks between the US and China this weekend.

The Dow Jones and the S&P 500 both fell by 0.29 percent and 0.07 percent, respectively. In contrast, the tech-heavy Nasdaq ended flat.

Beyond the major indices, 10 companies traded strongly, finishing with as much as double-digit gains, thanks to the continued positive earnings performance and optimistic outlooks.

In this article, we name Friday’s 10 best-performing stocks and detail the reasons behind their gains.

To come up with the list, we considered only the stocks with a $2-billion market capitalization and $5-million trading volume.

Why Lucid Group Inc. (LCID) Soared On Friday

An engineer examining an electric vehicle design in a lab, showing the company’s innovative battery systems.

EV-maker Lucid Group Inc. jumped by 8.66 percent on Friday to close at $2.51 apiece as investor sentiment was fueled by its aggressive expansion plans, shunning news of a mixed earnings performance in the first quarter of the year.

According to the company, it is on track to ramp up vehicle production to 20,000 units per year, more than double the 9,000 units delivered last year.

In the first quarter alone, Lucid Group Inc. (NASDAQ:LCID) delivered 3,109 units, translating to $235 million in sales.

“We continued to build momentum in the first quarter as we achieved yet another delivery record, further strengthened our market position, and executed against operational priorities,” said Lucid Group Inc. (NASDAQ:LCID) Interim CEO Marc Winterhoff.

“Lucid Gravity is beginning to arrive in more customers’ driveways and at our studios, and combined with our progress toward future initiatives, our company is well-positioned for future success,” he noted.

In the first three months, Lucid Group Inc. (NASDAQ:LCID) saw net loss attributable to shareholders widen by 6.7 percent to $731 million from $685 million in the same period last year. However, revenues grew by 36 percent to $235 million from $172.7 million year-on-year.

Overall, LCID ranks 10th on our list of Friday’s best-performing stocks. While we acknowledge the potential of LCID as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than LCID but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.



Source link

Tags: FridayGroupLCIDLucidsoared
ShareTweetShare
Previous Post

Warren Buffett’s 4 money rules I ignored for years—now I’m paying the price

Next Post

7 subtle signs you’re trapped in the “middle-class mindset”—and how the wealthy think differently

Related Posts

edit post
Hedge fund billionaire Paul Tudor Jones says 2025 is ‘so much more potentially explosive than 1999’ because of the way bull markets always end

Hedge fund billionaire Paul Tudor Jones says 2025 is ‘so much more potentially explosive than 1999’ because of the way bull markets always end

by TheAdviserMagazine
October 7, 2025
0

Hedge fund billionaire Paul Tudor Jones, founder and CIO of Tudor Investment Corporation, has raised alarms about the state of...

edit post
Nearly 70% of Americans think the economy is on the ‘wrong track’ and it’s a bad time to buy a home, Fannie Mae survey shows

Nearly 70% of Americans think the economy is on the ‘wrong track’ and it’s a bad time to buy a home, Fannie Mae survey shows

by TheAdviserMagazine
October 7, 2025
0

A growing sense of economic pessimism is taking hold in the U.S., as new Fannie Mae survey data reveals nearly...

edit post
Vijay Kedia buys on dips, acquires Rs 11 crore stake in smallcap company via bulk deal

Vijay Kedia buys on dips, acquires Rs 11 crore stake in smallcap company via bulk deal

by TheAdviserMagazine
October 7, 2025
0

Marquee investor Vijay Kedia picked up stake worth Rs 11 crore in Gujarat-based Eimco Elecon (India) on Tuesday via a...

edit post
Why small-cap stocks are starting to see earnings growth after best quarter since 2021

Why small-cap stocks are starting to see earnings growth after best quarter since 2021

by TheAdviserMagazine
October 7, 2025
0

The tickers might not be as exciting as the big tech behemoths dominating headlines, but small-cap stocks in the Russell...

edit post
Half-century for Ashish Kacholia: Jain Resource Recycling is 50th stock, stake now worth Rs 128 crore

Half-century for Ashish Kacholia: Jain Resource Recycling is 50th stock, stake now worth Rs 128 crore

by TheAdviserMagazine
October 7, 2025
0

Ace investor Ashish Kacholia has hit a half-century with the addition of a new stock to his portfolio in the...

edit post
The public company isn’t dead, it’s misunderstood

The public company isn’t dead, it’s misunderstood

by TheAdviserMagazine
October 7, 2025
0

Record levels of private capital and the recent and rapid rise of VC-funded unicorns suggest to some that public markets...

Next Post
edit post
7 subtle signs you’re trapped in the “middle-class mindset”—and how the wealthy think differently

7 subtle signs you're trapped in the "middle-class mindset"—and how the wealthy think differently

edit post
What is Gen Z’s parenting style?

What is Gen Z's parenting style?

  • Trending
  • Comments
  • Latest
edit post
What Happens If a Spouse Dies Without a Will in North Carolina?

What Happens If a Spouse Dies Without a Will in North Carolina?

September 14, 2025
edit post
Does a Will Need to Be Notarized in North Carolina?

Does a Will Need to Be Notarized in North Carolina?

September 8, 2025
edit post
California May Reimplement Mask Mandates

California May Reimplement Mask Mandates

September 5, 2025
edit post
DACA recipients no longer eligible for Marketplace health insurance and subsidies

DACA recipients no longer eligible for Marketplace health insurance and subsidies

September 11, 2025
edit post
‘Quiet luxury’ is coming for the housing market, The Corcoran Group CEO says. It’s not just the Hamptons, Aspen, and Miami anymore

‘Quiet luxury’ is coming for the housing market, The Corcoran Group CEO says. It’s not just the Hamptons, Aspen, and Miami anymore

September 9, 2025
edit post
Tips to Apply for Mental Health SSDI Without Therapy

Tips to Apply for Mental Health SSDI Without Therapy

September 19, 2025
edit post
What Makes Pathward Financial (CASH) an Investment Bet?

What Makes Pathward Financial (CASH) an Investment Bet?

0
edit post
Ray Dalio says today is like the early 1970s and investors should hold more gold than usual

Ray Dalio says today is like the early 1970s and investors should hold more gold than usual

0
edit post
Half-century for Ashish Kacholia: Jain Resource Recycling is 50th stock, stake now worth Rs 128 crore

Half-century for Ashish Kacholia: Jain Resource Recycling is 50th stock, stake now worth Rs 128 crore

0
edit post
Lawsuit challenges Trump’s 0,000 H-1B visa fee hike

Lawsuit challenges Trump’s $100,000 H-1B visa fee hike

0
edit post
Digital ID in the Cradle of Liberty (My Last EconLog Post)

Digital ID in the Cradle of Liberty (My Last EconLog Post)

0
edit post
CEA Industries’ BNB Holdings Soar as Price Hits ,300

CEA Industries’ BNB Holdings Soar as Price Hits $1,300

0
edit post
Ray Dalio says today is like the early 1970s and investors should hold more gold than usual

Ray Dalio says today is like the early 1970s and investors should hold more gold than usual

October 7, 2025
edit post
Hedge fund billionaire Paul Tudor Jones says 2025 is ‘so much more potentially explosive than 1999’ because of the way bull markets always end

Hedge fund billionaire Paul Tudor Jones says 2025 is ‘so much more potentially explosive than 1999’ because of the way bull markets always end

October 7, 2025
edit post
CEA Industries’ BNB Holdings Soar as Price Hits ,300

CEA Industries’ BNB Holdings Soar as Price Hits $1,300

October 7, 2025
edit post
Keurig Prime Day Deals | Keurig K-Mini Coffee Maker only  shipped, plus more! {Prime Day Deal}

Keurig Prime Day Deals | Keurig K-Mini Coffee Maker only $42 shipped, plus more! {Prime Day Deal}

October 7, 2025
edit post
10 Red Flags of a Toxic Remote Workplace

10 Red Flags of a Toxic Remote Workplace

October 7, 2025
edit post
Q3 2025 Market Update

Q3 2025 Market Update

October 7, 2025
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Ray Dalio says today is like the early 1970s and investors should hold more gold than usual
  • Hedge fund billionaire Paul Tudor Jones says 2025 is ‘so much more potentially explosive than 1999’ because of the way bull markets always end
  • CEA Industries’ BNB Holdings Soar as Price Hits $1,300
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.