NEWARK, CA – Lucid Group Inc. (NASDAQ: LCID) stock showed minimal movement in midday trading on June 3rd, hovering close to its previous day’s closing price. As of 12:02 PM EDT, LCID shares were trading at $2.20, down a negligible $0.0050, or 0.23%, for the session.
The electric vehicle manufacturer’s stock opened the day at $2.20, matching its previous close. Intraday trading for Lucid Group saw the shares reach a high of $2.24 and a low of $2.17, indicating a relatively tight trading range and modest volatility thus far.
With a current market capitalization of approximately $6.71 billion, Lucid continues to navigate the competitive EV landscape. The market summary does not currently list a P/E ratio or a dividend yield for LCID stock, which is common for companies in their growth and development phase, particularly in the capital-intensive automotive sector.
Investors are keeping an eye on Lucid’s stock performance relative to its 52-week range, which stands at a low of $1.93 and a high of $4.43. Today’s stock price places LCID towards the lower end of this spectrum.
The lack of significant price movement for Lucid Group Inc. today suggests a period of consolidation or a wait-and-see approach from investors, potentially ahead of new company developments or broader market catalysts. Market participants will continue to monitor LCID shares for any shifts in momentum.
FAQ: Lucid Group Inc. (LCID) Stock Performance (June 3)
Q1: What is Lucid Group Inc.’s stock ticker symbol?
A: Lucid Group Inc. trades on the NASDAQ under the ticker symbol LCID.
Q2: What is the current stock price of Lucid Group Inc. (LCID)?
A: As of June 3, 12:02 PM EDT, the stock price of Lucid Group (LCID) was $2.20 USD.
Q3: How much did Lucid Group stock change today?
A: Lucid Group stock (LCID) decreased by $0.0050, which is a 0.23% dip for the day as of the latest update.
Q4: What was the opening price for Lucid Group stock today?
A: LCID shares opened at $2.20.
Q5: What were the day’s high and low prices for Lucid Group stock?
A: The intraday high for Lucid Group stock was $2.24, and the low was $2.17.
Q6: What was the previous closing price for Lucid Group (LCID)?
A: The previous closing price for LCID stock was $2.20.
Q7: What is Lucid Group’s current market capitalization?
A: Lucid Group’s market cap is currently $6.71 billion.
Q8: Does Lucid Group (LCID) stock have a P/E ratio or pay a dividend?
A: According to the provided market summary, Lucid Group stock does not currently have a listed P/E ratio or dividend yield.
Q9: What is the 52-week trading range for Lucid Group stock?
A: The 52-week high for LCID stock is $4.43, and the 52-week low is $1.93.
Q10: What does the relatively flat trading of LCID stock today suggest?
A: Flat trading, like that seen in LCID stock today, can indicate a period of consolidation, low trading volume, or investors awaiting new information before making significant moves.
