Lucid Group Stock Is Falling Thursday: What’s Going On?

November 12, 2026 Kaustubh Bagalkote

Summary

Lucid Group shares dropped over eight percent on Thursday, declining despite small gains in the broader market. Investors reacted negatively to disappointing third-quarter financial results and subsequent price-target reductions by analysts. The drop also reflected ongoing weakness within the electric-vehicle sector.

Lucid Group Inc. (NASDAQ:LCID) stock fell more than 8% Thursday as investors weighed disappointing third-quarter results, analyst price-target cuts, and continued weakness in electric-vehicle stocks.The decline came despite modest gains in the broader market. The Nasdaq Composite rose 0.06%, while the S&P 500 gained 0.09%. Meanwhile, the Russell 2000 fell 0.94%, reflecting pressure on smaller companies.Lucid Misses Third-Quarter EstimatesLucid reported…

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