Lucid’s Earnings Fell Short. Why the Stock Is Up More Than 23% Anyway.

Barrons2021-11-17

The electric-vehicle start-up Lucid Group reported its third-quarter financials, plus extra data on vehicle reservations, late Monday. That gave the stock another lift, despite recent eye-popping ...

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精彩评论

Nomadr
2021-11-17
Nomadr
As long as it EV price will go up don’t need to have profit is fine lol….dont be naked when the tides goes out
Veldora
2021-11-17
Veldora
[Surprised] woah, the momentum is strong.
JY00
2021-11-17
JY00
Hmm
Andtendo
2021-11-17
Andtendo
Like please :)
- JY00:
  Oh

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Why the Stock Is Up More Than 23% Anyway.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-17 15:09 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/lucid-stock-price-earnings-51637017281?mod=hp_DAY_8><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The electric-vehicle start-up Lucid Group reported its third-quarter financials, plus extra data on vehicle reservations, late Monday. 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That gave the stock another lift, despite recent eye-popping gains.\nLucid stock (ticker: LCID) closed up 23.7% on Tuesday, at $55.52, after rising about 2% in after-hours trading on Monday. The S&P 500 and Dow Jones Industrial Average closed up 0.4% and 0.2%, respectively.\nThe company reported meager sales and a loss, but earnings don’t matter much now. The company is on the cusp of delivering significant numbers of cars. The stock, simply put, is being driven by other things.\nLucid reported sales of about $232,000 and a loss of 43 cents a share, but the sales weren’t from vehicles delivered to customers. Shipments started after the quarter ended. The money came in from the use of Lucid’s battery-pack technology in the Formula E racing series.\nWall Street was expecting a loss of 25 cents a share from about $1.3 million in sales, but at this point any earnings “miss” isn’t important. 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What we’ve got to do is up the number of cars we’re making [in Arizona],” CEO Peter Rawlinson tells Barron’s. “That’s my laser focus right now.”","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":878941301,"gmtCreate":1637142382276,"gmtModify":1637144101578,"author":{"id":"3567256937368628","authorId":"3567256937368628","name":"Nomadr","avatar":"https://static.tigerbbs.com/87ffa292cf6c6bac6572beb240597005","vip":1,"crmLevel":6,"crmLevelSwitch":0,"idStr":"3567256937368628","authorIdStr":"3567256937368628"},"htmlText":"As long as it EV price will go up don’t need to have profit is fine lol….dont be naked when the tides goes out","listText":"As long as it EV price will go up don’t need to have profit is fine lol….dont be naked when the tides goes out","text":"As long as it EV price will go up don’t need to have profit is fine lol….dont be naked when the tides goes out","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/878941301","repostId":1164000133,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":878988152,"gmtCreate":1637138342533,"gmtModify":1637138343630,"author":{"id":"3580473686930895","authorId":"3580473686930895","name":"Veldora","avatar":"https://static.tigerbbs.com/2c60768e017f3418615cd7dea3a291ec","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3580473686930895","authorIdStr":"3580473686930895"},"htmlText":"[Surprised]&nbsp;woah, the momentum is strong.","listText":"[Surprised]&nbsp;woah, the momentum is strong.","text":"[Surprised] woah, the momentum is strong.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/878988152","repostId":1164000133,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":878998613,"gmtCreate":1637133557401,"gmtModify":1637133561671,"author":{"id":"3581568450429470","authorId":"3581568450429470","name":"JY00","avatar":"https://static.tigerbbs.com/b6e17ebb891eb376aff5c7eb5088602f","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3581568450429470","authorIdStr":"3581568450429470"},"htmlText":"Hmm","listText":"Hmm","text":"Hmm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/878998613","repostId":1164000133,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":878993991,"gmtCreate":1637133089617,"gmtModify":1637133089959,"author":{"id":"3577917241557928","authorId":"3577917241557928","name":"Andtendo","avatar":"https://static.tigerbbs.com/a36b92c865704901397ab4e190d5ad8a","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3577917241557928","authorIdStr":"3577917241557928"},"htmlText":"Like please :)","listText":"Like please :)","text":"Like please :)","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/878993991","repostId":1164000133,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6612405,"gmtCreate":1637133551913,"gmtModify":1637133551963,"authorId":3581568450429470,"author":{"id":3581568450429470,"idStr":"3581568450429470","authorId":3581568450429470,"name":"JY00","avatar":"https://static.tigerbbs.com/b6e17ebb891eb376aff5c7eb5088602f","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":878993991,"type":1,"supId":0,"prevId":0,"content":"Oh","text":"Oh","html":"Oh"}],"langContent":"CN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":15,"commentSize":4,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":false,"deviceId":"web-server-community-laohu8-v3","version":"4.29.2","shortVersion":"4.29.2","platform":"web","vendor":"web","appName":"laohu8","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1164000133"}