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Lucid Stock Climbs Over 3% In Pre-Market: What's Going On?

Benzinga LogoBenzinga11h ago

Lucid Stock Climbs Over 3% In Pre-Market: What's Going On? - Benzinga

Quick Summary:

Lucid Group Inc. (NASDAQ:LCID) climbed 3.24% during the pre-market session on Tuesday, following an analyst upgrade

What Happened: Morgan Stanley has upgraded its rating for Lucid, recognizing the potential for the company’s new management to steer it towards artificial intelligence (AI) and beyond its current role as an electric vehicle manufacturer.

Despite challenges, the company stands to gain from the U.S.’s heightened emphasis on domestic EV manufacturing, particularly given China’s dominance in the industry as per Morgan Stanley.

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Article Details

Author / Journalist: Namrata Sen

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-18 @ 11:04:11 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 465 words

Reading Time: 3 minutes read

Sentences: 22 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 27147330

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About Benzinga

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Main Topics: Technology

Official Website: benzinga.com

Update Frequency: 16 posts per day

Year Established: 2010

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #53

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