Uber, Lucid and robotaxi
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Stocks on Sky High. Lucid Group, Inc. (NASDAQ:LCID) is one of the top-performing companies on Thursday. Lucid Group surged by 36.24 percent on Thursday to end at $3.12 apiece as investors took heart from a multi-million-dollar investment and partnership with Uber Technologies Inc.
Investors may be rethinking the deal that brought monster gains for Lucid yesterday. Uber plans to deploy at least 20,000 Lucid EVs over the next six years. An influx of cash from Uber is good news for Lucid shareholders.
Key Takeaways Lucid shares jumped 36% Thursday on news the EV startup is partnering with self-driving software maker Nuro and rideshare giant Uber Technologies to bring a new group of robotaxis to Uber's platform.
Uber (NYSE:UBER) said it plans to invest millions in EV maker Lucid (NASDAQ:LCID) as part of a new partnership to expand its robotaxi offerings. Under the deal, Lucid will supply Uber with more than 20,
Key Points Lucid stock is rocketing higher today following news that the company has partnered with Uber for its robotaxi program. The EV specialist signed a six-year deal to provider Uber with vehicles,
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A Look Back at Automobile Manufacturing Stocks’ Q1 Earnings: Lucid (NASDAQ:LCID) Vs The Rest Of The PackLet’s dig into the relative performance of Lucid (NASDAQ:LCID) and its peers as we unravel the now-completed Q1 automobile manufacturing earnings season. Much capital investment and technical know-how are needed to manufacture functional,
Cancer test maker Lucid Diagnostics (NASDAQ:LUCD), majority owned by PavMed (NASDAQ:PAVM), traded ~8% lower on Wednesday after the company said that a group of medical experts will meet in September to discuss Medicare coverage for its EsoGuard,
Asian markets closed mixed on Thursday, with Japan's Nikkei gaining 0.60%, Hong Kong's Hang Seng falling 0.08%, China's Shanghai Composite gaining 0.37% and India's BSE Sensex falling 0.45%.
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Lucid (LCID) Stock Trades Up, Here Is WhyWhat Happened? Shares of luxury electric car manufacturer Lucid (NASDAQ:LCID) jumped 39% in the afternoon session after the company announced a major partnership with Uber (NYSE: UBER) and autonomous vehicle company Nuro to launch a global,