Lucid Group Joins Nasdaq-100 Index

• Lucid Group Inc (NASDAQ:LCID) reported addition to the Nasdaq-100 Index effective before the market opening on December 20, 2021. The company underwent a public listing on Nasdaq in July 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 CFO Sherry House.
• The Nasdaq-100 Index is one of the 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.
• Price Action: LCID shares are trading higher by 1.96% at $38.40 on the last check Monday.