We recently released a list What made these 10 stocks soar today? In this article, we will explore the position of Lucid Group Inc. (NASDAQ:LCID) against other best-performing stocks on Friday.
Stocks were lower on the last day of the trading week as investors sold their positions to mitigate the risks of expected trade negotiations between the U.S. and China this weekend.
The Dow Jones and 500 index fell by 0.29% and 0.07%, respectively. By contrast, the technology-heavy Nasdaq ended.
In addition to the main indexes, 10 companies have strong trading volumes and ended with double-digit earnings due to ongoing positive revenue performance and optimistic outlook.
In this article, we list the 10 best performing stocks on Friday and detail the reasons behind their earnings.
To put this list, we only considered stocks with a market cap of $20 billion and a trading volume of $5 million.
An engineer inspecting electric vehicle design in a lab shows the company's innovative battery system.
EV-Maker Lucid Group Inc. rose 8.66% on Friday to close at $2.51 as investor sentiment was driven by its aggressive expansion plans, news of poor earnings in the first quarter of the year.
According to the company, it is expected to increase vehicle production to 20,000 units per year, more than double the 9,000 delivered last year.
In the first quarter alone, Lucid Group Inc. (NASDAQ:LCID) delivered 3,109 units, converting it into $235 million in sales.
"We continue to build momentum in the first quarter as we achieve another delivery record, further strengthening our market position and implementing operational priorities," said Marc Winterhoff, interim CEO of Lucid Group Inc. (NASDAQ:LCID).
“The sober gravity begins to reach more customer lanes and our studios, and combined with our advancements in future planning, our company is very beneficial for future success,” he noted.
In the first three months, Lucid Group Inc. (NASDAQ:LCID) believes that shareholder net losses rose 6.7% to $731 million from $685 million a year ago. However, revenues rose 36% from $172.7 million year-on-year to $235 million.
Overall, LCID Ranked 10th On our list of top performing stocks on Friday. Although we acknowledge the potential of LCID as an investment, our belief is that AI stocks have higher returns in a shorter time frame and offer greater hope in a shorter time frame. AI stocks have risen since the beginning of 2025, while popular AI stocks have lost about 25%. If you are looking for AI stocks that are more promising than LCID but have less than 5 times its earnings, check out our report on this cheapest AI stock.