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.

Why Lucid Stock Sank Today

TheMotleyFool

0 0

Lucid Group (NASDAQ: LCID) is at a critical inflection point for its business. The electric vehicle (EV) maker began ramping up full customer shipments of its fully electric Gravity SUV this year. That's a critical product to help Lucid expand its customer base.

Investors have been either skeptical or unwilling to wait, as Lucid stock has dropped almost 60% this year. That plunge continued today with shares down 7.2% as of 10:45 a.m. ET.

Image source: Lucid Group.

Source Fool.com