EV Maker Lucid Falls On Declining Orders, Rivian Up On Guidance
Revenue is growing and losses are narrowing, but that wasn’t enough to stop shares of luxury electric vehicle maker Lucid Group (NASDAQ: LCID) from gapping down Wednesday. MarketBeat.com – MarketBeat The company reported third-quarter results late Tuesday, with shares plummeting more than 18% on news of declining reservations, or advance orders, for the Lucid Air…