Changes in US stocks | Earnings for the third fiscal quarter exceeded expectations and announced the issuance of hundreds of millions of additional shares Lucid Group (LCID.US) plummeted more than 15%

The Zhitong Finance App learned that on Thursday, Lucid Group (LCID.US) maintained underwater turbulence after opening sharply lower. As of press release, it had plummeted by more than 15% to $2.77. According to the news, Lucid Group initially estimates revenue of 199 million to 200 million US dollars, and analysts expect 196.4 million US dollars; production of 1,805 vehicles and delivery of 2,781 vehicles; analysts expect 2,334 vehicles; initial operating losses for the third fiscal quarter of 765,000 to 790,000 US dollars; Lucid will privately place 262.4 million shares; Saudi sovereign wealth funds PiF and Ayar (PIF's affiliate Ayar Third Investment Company) will With 375 million shares subscribed in a private placement, Ayar's shareholding ratio is expected to remain around 58.8%.