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OFFON

LUCID GROUP, INC.

(LCID)
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INVESTIGATION REMINDER: The Schall Law Firm Encourages Investors in Lucid Group, Inc. with Losses of $100,000 to Contact the Firm

12/07/2021 | 10:41am EST

The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Lucid Group, Inc. (“Lucid” or “the Company”) (NASDAQ: LCID) for violations of the securities laws.

The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Lucid disclosed on December 3, 2021, that it had received a subpoena from the SEC. The federal regulators requested documentation of the Company’s merger with Special Purpose Acquisition Company (SPAC) Churchill Capital Corp. IV, and Atieva, Inc. Based on this news, shares of Lucid fell by more than 7.5% in intraday trading on December 6, 2021.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at brian@schallfirm.com.

The class in this case has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.


ę Business Wire 2021
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Analyst Recommendations on LUCID GROUP, INC.
More recommendations
Financials (USD)
Sales 2021 71,2 M - -
Net income 2021 -2 613 M - -
Net cash 2021 3 950 M - -
P/E ratio 2021 -18,2x
Yield 2021 -
Capitalization 47 251 M 47 251 M -
EV / Sales 2021 608x
EV / Sales 2022 20,7x
Nbr of Employees 1 861
Free-Float -
Chart LUCID GROUP, INC.
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Lucid Group, Inc. Technical Analysis Chart | MarketScreener
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Technical analysis trends LUCID GROUP, INC.
Short TermMid-TermLong Term
TrendsBearishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 5
Last Close Price 28,70 $
Average target price 42,00 $
Spread / Average Target 46,3%
EPS Revisions
Managers and Directors
Peter Rawlinson Director, Chief Executive & Technology Officer
Sherry House Chief Financial & Accounting Officer
Andrew N. Liveris Chairman
Eric Bach Chief Engineer & Senior Vice President-Product
Turqi Alnowaiser Independent Non-Executive Director
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