Lucid stock jumps on Rockwell Saudi factory deal — here’s what traders watch next
Lucid shares jumped 13% Wednesday after Rockwell Automation expanded its partnership to supply FactoryTalk MES software for Lucid’s Saudi plant. Rockwell said Lucid will use the software to manage key production areas and train local staff. Investors await Lucid’s Feb. 24 earnings for updates on cash burn and production targets. Rockwell shares rose 3%.