By Michael DabaieLucid Group Inc. shares were up 8.4%, to $41.24, in Monday afternoon trading after Citi resumed converge of the electric vehicles company with a "Buy/High Risk" rating and $57 price target. Citi said it is updating its model to reflect a recent capital raise and made no changes to its prior thesis.

Source: Wall Street Journal January 03, 2022 23:38 UTC