Uber, Lucid and Nuro
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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.
Key Points 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.
Stocks turned in a lackluster performance Friday as Wall Street took a breather at the end of the first week of earnings-reporting season.
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,
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%.
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,