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LSE:DCC.L 6 January 2026

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  • Lucid Group Reaffirms 2026 Production Guidance Amid Supplier-Related Delays
    April 5, 2026, 4:04 AM EDT. Lucid Group reported a 29-day production halt of its Lucid Gravity model due to a supplier quality issue with second-row seats, impacting deliveries. Despite this, the electric vehicle maker reaffirmed its 2026 production guidance of 25,000-27,000 vehicles. The stock slipped to $9.94, trading below both its 100-day and 200-day simple moving averages, signaling intermediate to longer-term weakness. Lucid's shares have fallen 56.3% over the past 12 months, hovering near a 52-week low of $9.07. The Consumer Discretionary sector, where Lucid operates, closed unchanged, suggesting company-specific factors are driving the stock decline. Analysts hold a Hold rating with an average price target of $24.27. Upcoming May 5 earnings are expected to report a loss of $2.30 per share on $472 million revenue, highlighting the challenges faced.
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