NEWARK, Calif. — Lucid Group which is setting new standards with its advanced luxury EVs, announced that the company has been added to the Nasdaq-100 Index, effective prior to market open on Monday, December 20, 2021.
“We are proud to join the prestigious Nasdaq-100 Index, a recognition of our progress establishing Lucid in the EV market and our future growth strategy,” said Sherry House, CFO, Lucid Group. “Since our successful public listing on Nasdaq in July, and with customer deliveries of the Lucid Air beginning in October, our differentiated EV technology continues to drive a clear demand for, and confidence in, our products and company.”
The Nasdaq-100 Index® is one of the world’s preeminent large-cap growth indexes and is designed to measure the performance of 100 of the largest Nasdaq-listed non-financial companies, based on market capitalization.