Lucid’s stock drops 4% after CFO departure

Shares of Lucid Group Inc.
LCID,
-2.54%
fell 4% in the extended session Monday after the EV maker said that Chief Financial Officer Sherry House has resigned, effective immediately, “to pursue other opportunities.” House will be available as an adviser through Dec. 31 to help with the transition, the company said. Lucid named Principal Accounting Officer Gagan Dhingra as interim CFO while a search for a replacement is underway.