Sarepta's Duchenne Gene Therapy Update Gets Bullish Stance From Analysts


Lucid stock plunges after electric-vehicle maker cuts production guidance for the year

Shares of Lucid Group Inc. fell more than 10% in after-hours trading Wednesday after the electric-vehicle maker announced a reduction in its production forecast. Lucid said it now expects its 2022 production volume to hit 6,000 to 7,000 vehicles, after stating 12,000 to 14,000 vehicles in May. “Our revised production guidance reflects the extraordinary supply chain and logistics challenges we encountered,” Chief Executive Peter Rawlinson said in a statement. “We’ve identified the primary bottlen

Leave a Reply

Your email address will not be published. Required fields are marked *