NasdaqGS:LCIDAuto
Assessing Lucid Group (LCID) Valuation After CEO Change Uber Expansion And New Funding
Lucid Group (LCID) is back in focus after a packed April 14, when the company named Silvio Napoli as its next CEO, expanded its Uber partnership, and raised fresh equity and preferred capital.
See our latest analysis for Lucid Group.
Despite the fresh CEO appointment, the deeper Uber tie up and new funding, Lucid’s 30 day share price return of 41.48% and 1 year total shareholder return of 75% signal that recent momentum has been weak and longer term holders have taken heavy losses.
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