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StonvexStonvexStonvexLucid stock rose 6.24% on May 13, 2026, following major institutional investor moves including BNP Paribas nearly doubling its holdings to 1.95 million shares and Uber's disclosure of an 11.5% stake (37.8 million shares), signaling confidence in their robotaxi partnership. However, the company reported Q1 revenue of $282.47M, significantly missing analyst expectations of $440.43M, and has suspended production guidance amid substantial operating losses.
Lucid stock surged 6.24% on May 13, 2026, driven by broader market rebound momentum and positive institutional investor disclosures. BNP Paribas nearly doubled its Lucid holdings to 1.95 million shares, while Uber revealed an 11.5% ownership stake (37.8 million shares), signaling confidence in their robotaxi partnership. However, the company faces significant headwinds including substantial losses, Q1 revenue of $282.47M falling far short of analyst expectations of $440.43M, and suspended production guidance.
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