Lucid Group Inc ( LCID ) shares are trading marginally higher Monday afternoon, as investors digest a volatile week following the company’s third-quarter earnings report. The stock slid last Wednesday after the company missed analyst expectations and announced the departure of a key executive.

LCID stock is moving in positive territory. See the market dynamics here.

What To Know: Last week, the EV maker reported third-quarter revenue of $336.6 million, falling short of consensus estimates. The company also posted a wider-than-expected adjusted loss of $2.65 per share, missing the $2.27-per-share loss analysts had forecasted. Lucid said it produced 3,891 vehicles and delivered 4,078 during the quarter.

Alongside the earnings miss, Lucid announced a major executive reorganization. Eric Bach, the senior vice president of Product and Chief Engineer, has departed the company. This news was coupled with the appointments of Emad Diala and Erwin Raphael to new senior roles.

On a positive note, Lucid highlighted a new collaboration with Nvidia on Level 4 autonomous driving and a bolstered liquidity position of $5.5 billion.

On Thursday, analyst firm Cantor Fitzgerald maintained its Neutral rating on Lucid shares, but cut its price target from $26 to $21.

Benzinga Edge Rankings: According to Benzinga Edge stock rankings, the stock shows a low Momentum score of 12.78.

LCID Price Action: Lucid Group ( LCID ) shares were up 1.48% at $17.54 at the time of publication on Monday, according to Benzinga Pro data.

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How To Buy LCID Stock

By now you're likely curious about how to participate in the market for Lucid Group ( LCID ) – be it to purchase shares, or even attempt to bet against the company.

Buying shares is typically done through a brokerage account. You can find a list of possible trading platforms here. Many will allow you to buy “fractional shares,” which allows you to own portions of stock without buying an entire share.

If you're looking to bet against a company, the process is more complex. You'll need access to an options trading platform, or a broker who will allow you to “go short” a share of stock by lending you the shares to sell. The process of shorting a stock can be found at this resource. Otherwise, if your broker allows you to trade options, you can either buy a put option, or sell a call option at a strike price above where shares are currently trading – either way it allows you to profit off of the share price decline.

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