Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Lucid After SEC Subpoena: Bull vs. Bear

TheMotleyFool

0 0

Lucid After SEC Subpoena: Bull vs. BearPhoto, wide shot, wide-angle lens, soft focus, Car rental company, Blue hour, twilight, cool, ISO1200, slow shutter speed, photo by Edward Burtynsky: https://oaidalleapiprodscus.blob.core.windows.net/private/org-IbuNdCATsFaPOITjFOv2kJh3/user-AXaxqjBUW45D8BadJEo9mUpW/img-C39HK7mRtkD4E8dIGhNKdJKJ.png?st=2023-05-14T13%3A30%3A04Z&se=2023-05-14T15%3A30%3A04Z&sp=r&sv=2021-08-06&sr=b&rscd=inline&rsct=image/png&skoid=6aaadede-4fb3-4698-a8f6-684d7786b067&sktid=a48cca56-e6da-484e-a814-9c849652bcb3&skt=2023-05-13T20%3A57%3A44Z&ske=2023-05-14T20%3A57%3A44Z&sks=b&skv=2021-08-06&sig=c7kEiWtHt1KibrlL7jP9uEmEuV%2BuAnv1nRBACXoedSk%3D

Shares of electric-vehicle maker Lucid Group (NASDAQ: LCID) came under fire Monday in response to a U.S. Securities and Exchange Commission (SEC) probe that was issued on Dec. 3. At the close, the stock was down about 5% for the day and as much as 19% at one point in the morning.

Are investors correct to mostly shrug off this news or is the electric car company in trouble?

Image source: Getty Images.

Source Fool.com

Like: 0

LCID

Share