Why Lucid Group, Fisker, and Canoo Stocks All Dropped Today
Wednesday is looking like a losing day for investors in electric vehicle stocks, as shares of everyone from luxury EV-makers Lucid Group (NASDAQ: LCID) and Fisker (NYSE: FSR) to boxy EV van- and SUV-maker Canoo (NASDAQ: GOEV) see their share prices drop in afternoon trading. As of 2 p.m. ET, Lucid stock is off 3.5% and Fisker is down twice that -- 7% -- while Canoo suffers a 5% loss.
And you can probably blame for all of this.
More precisely, you can blame British investment banker Barclays for downgrading Tesla stock today, and spooking investors in the process.
Source Fool.com
Tesla Inc Stock
€171.88
6.960%
Our community is currently high on Tesla Inc with 56 Buy predictions and 27 Sell predictions.
With a target price of 248 € there is a positive potential of 44.29% for Tesla Inc compared to the current price of 171.88 €.
