Lucid Group Trading Volume Plummets 51.5% to 409th Position Amid Stock Price Decline

On July 24, 2025, Lucid Group (LCID) experienced a significant drop in trading volume, with a total of $276 million in shares traded, marking a 51.5% decrease from the previous day. This placed Lucid at the 409th position in terms of trading volume for the day. The stock price also declined by 2.92%, marking the second consecutive day of losses, with a total decrease of 4.47% over the past two days.

Lucid Group has announced that it will be hosting a virtual investor day on August 12, 2025. The event will provide an opportunity for investors to learn more about the company's strategic vision, product roadmap, and financial outlook. The company aims to showcase its innovative technology and growth prospects, which could potentially attract more investors and boost market confidence.

Lucid Group has recently unveiled its new Gravity SUV, which is set to hit the market in the first quarter of 2024. The Gravity SUV is designed to offer a luxurious and sustainable driving experience, with a range of up to 446 miles on a single charge. This new addition to Lucid's product lineup is expected to further enhance the company's market position and drive sales growth.

Lucid Group has also announced a strategic partnership with the Saudi Arabian Public Investment Fund (PIF). The partnership aims to accelerate the development and production of Lucid's electric vehicles, with a focus on expanding the company's manufacturing capabilities and global reach. This collaboration is expected to provide Lucid with the necessary resources and support to achieve its long-term growth objectives.