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Lucid Group Rises 4% After Positive News On Its Lucid Air Dream Edition Range

Shares of electric vehicles manufacturer Lucid Group, Inc. (LCID) are up 4 percent on Thursday's trading on news of the company's Lucid Air Dream Edition Range receiving an official EPA rating of 520 miles of range.

The company said that this model is the longest-range electric vehicle to be ever rated by the EPA and it offers at least 100+ miles additional range, compared to its nearest competitor.

Currently at $20.99, the stock has traded between $9.60 and $64.86 during the past 52 weeks.

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