GRVY - グラビティ （GRAVITY Co. Ltd.）

Despite endless disappointment since its public market debut in 2021, some remain bullish about future prospects for Lucid Group (NASDAQ: LCID ). One bit of recent news that may give LCID stock bulls some hope is the electric vehicle maker’s recent updates regarding its development of an electric SUV. Following this announcement, shares made a temporary move higher, soaring from just under $7 per share to just over $8 per share. So far in May, the stock has slid back to prior price levels, and for substantive reasons. For one, considering Lucid’s poor production and deliveries track record, it’s tough to be confident of success arriving quickly when its SUV model rolls off the assembly line. Second, there’s an event coming up that could spark the next big sell-off for shares. LCID Lucid Group $7.48 LCID Stock and New Vehicle Model News On April 25, Lucid Group provided the public with an update on its efforts to bring an electric SUV to market. The company has just started testing out its Lucid Gravity model , in development since 2020, on public roads.

I have good news and bad news for the owners of Lucid (NASDAQ: LCID ) stock. On the one hand, I’m pleased with the company’s decision to launch a unique electric vehicle, as I believe that being unique is one way to succeed in an extremely competitive niche. And there’s no doubt that the luxury EV sedan market, where Lucid lives, is extremely competitive. But on the other hand, Lucid does not expect to produce the new EV until some time next year, and I would not be surprised if the company does not start delivering it until 2025. Unfortunately for the owners of LCID stock, however, the share price is likely to be way below its current level in a year or two. Moreover, my research on Lucid this week turned up a review that, while largely positive, bodes badly for LCID stock. Lucid’s Upcoming EV Lucid reported last week that it’s testing its large SUV, which it’s calling Gravity. What makes the Gravity stand out is its large seating capacity. Specifically, it has three rows of seats and may be able to hold seven people.

Without a doubt, some drivers and financial traders like electric vehicle (EV) manufacturer Lucid Group (NASDAQ: LCID ). However, not everyone expects LCID stock to gain value in the coming months. Lucid Group’s next earnings report, scheduled for May 8 , could be a disaster. Plus, Lucid is preparing to launch an electric SUV, but there’s no guarantee that this will boost the share price anytime soon. It’s generally a good idea to keep track of short-selling activity. This can help investors gauge the big-money sentiment surrounding a stock. So, we’ll take a look at several funds that have reportedly placed short bets against Lucid Group. That being said, it’s important to check the relevant facts and circumstances surrounding any company and stock. It’s your money, so be sure to form your own conclusion about Lucid Group’s future prospects. After all, short-selling can carry a high level of risk. However, even if you’re not into short-selling, there are compelling reasons not to invest in Lucid Group.

Seoul, Korea, April 27, 2023 (GLOBE NEWSWIRE) -- Seoul, South Korea – April 27, 2023 – GRAVITY Co., Ltd. (NasdaqGM: GRVY) (“Gravity” or the “Company”) today announced that the Company filed its annual report on Form 20-F for the fiscal year ended December 31, 2022 with the Securities and Exchange Commission on April 27, 2023. The annual report can be accessed on the Company’s investor relations Web site at http://www.gravity.co.kr/en/ir/notice/list.asp

Tech stocks today are seeing a very nice surge as investors appear keen to rotate into riskier corners of the market. Accordingly, perhaps investors shouldn’t be surprised that one of the biggest movers in today’s session happens to be Lucid Motors (NASDAQ: LCID ). At the time of writing, LCID stock is up nearly 8%, significantly outpacing the broader Nasdaq index, which is up only 1% today. This move is due to a clear company-specific catalyst. Lucid announced yesterday that it’s begun testing its new electric SUV. The company’s Gravity SUV has been known to the public for some time as a concept SUV that was expected to come out next year. However, Lucid’s release of images and video of that vehicle has once again spurred investor interest in this high-end EV company. Like the company’s Air sedans, Lucid has noted that this Gravity SUV will have the longest range of any battery-powered SUV out there. Additionally, this sports utility vehicle can reportedly seat seven, with three rows.

ALTF42, an official follow-up version to ALTF4, is notorious for its crushing difficulty Continuous updates scheduled during the Early Access period, to add game systems and supported languages Gr…

SEOUL, South Korea--(BUSINESS WIRE)-- #ALTF4--ALTF42, a sequel to ALTF4, is available as an Early Access on Steam from March 31.

Summary of Results: “Recent metallurgical test results indicate Surebet displays a number of optimal characteristics,” commented Quinton Hennigh, Technical and Geologic Director of Crescat Capital, a strategic shareholder of Goliath Resources. “Even at a coarse grind size of P80 327 μm, or 0.327 mm, minerals that are sought are readily liberated and recovered by gravity […]

Summary of Results:

ALTF42, an official follow-up version to ALTF4, is notorious for its crushing difficulty Continuous updates scheduled during the Early Access period, to add game systems and supported languages Gr…

SEOUL, South Korea--(BUSINESS WIRE)-- #ALTF4--ALTF42, a sequel to ALTF4, is available as an Early Access on Steam from March 31.

Summary of Results: “Recent metallurgical test results indicate Surebet displays a number of optimal characteristics,” commented Quinton Hennigh, Technical and Geologic Director of Crescat Capital, a strategic shareholder of Goliath Resources. “Even at a coarse grind size of P80 327 μm, or 0.327 mm, minerals that are sought are readily liberated and recovered by gravity […]

Summary of Results:

Gravity (GRVY) tentative consolidated Q4 revenue KRW 176B, up 82.2% Y/Y and tentative consolidated operating profit is KRW 39B.FY prelim consolidated revenue for 2022 is KRW 464B, and…