Lucid Group (LCID) closed at $2.55 in the latest trading session, marking a +1.19% move from the prior day. This change outpaced the S&P 500's 0.02% gain on the day. Meanwhile, the Dow experienced a drop of 0.11%, and the technology-dominated Nasdaq saw an increase of 0.1%.Shares of the an electric vehicle automaker witnessed a loss of 8.7% over the previous month, beating the performance of the Auto-Tires-Trucks sector with its loss of 10.7% and underperforming the S&P 500's loss of 3.01%.The upcoming earn ...

Lucid's technology could hold the key to further gains.There's no question that Lucid Group (LCID -0.20%) has struggled of late. Like much of the electric vehicle (EV) industry, the stock price is down on disappointing sales results and industrywide price cuts. The price has fallen nearly 64% over the past year.However, at least one Wall Street analyst sees some upside to the luxury EV maker. Citigroup recently resumed coverage of Lucid stock with a neutral rating and a price target of $2.90, giving it a 14 ...

While Tesla’s (NASDAQ:TSLA) recent earnings report sent the EV market roaring back with a double-digit recovery, not all EV players are so fortunate. Most EV stocks are diluting existing shareholders to keep their sinking businesses afloat. These “hopeless” EV companies lack the competitive edge and financial runway to truly challenge the industry’s heavyweights.Are you holding onto any of these hopeless EV stocks, clinging to the false hope of a miraculous turnaround? It’s time to face the harsh reality: t ...

Despite a week of mostly growth, things have been looking grim for Lucid Motors (NASDAQ:LCID) lately. The trendy electric vehicle (EV) startup is battling a difficult economic landscape that only seems to be getting more complicated. While navigating it is difficult for many automakers, LCID stock just hit a low for the year, dipping as low as $2.38 per share. This signals that things are worse for it than some of its peers. But even after hitting this negative milestone, Lucid is working hard to rebound. S ...

The fledgling electric vehicle maker is running out of juice.Lucid (LCID 5.88%), a fledgling maker of luxury electric vehicles, went public by merging with a special purpose acquisition company (SPAC) in July 2021. At the time, it attracted a lot of attention for three reasons: It was led by Tesla's (TSLA 1.85%) former chief vehicle engineer Peter Rawlinson, it planned to produce even pricier EVs than Tesla, and it was on track to ship its first vehicles by the end of the year.Lucid's stock opened at $25.24 ...

An influential group of energy-producing countries provides fuel for green vehicle optimism.To the great relief of many investors who were suffering from the recent rout of electric vehicle (EV) and associated stocks, the market pushed the accelerator on such companies Tuesday. An influential report gave them hope that the sector as a whole would lift itself out of the doldrums with stronger sales.Many of the industry's best-known stocks saw substantial lifts in price on the day. High-end EV maker Lucid Gro ...

The electric vehicle (EV) market has been a hotbed of activity in recent years, with stocks previously soaring to unprecedented heights. However, with the advent of inflation, higher interest rates and rising geopolitical instability, investors might consider the top EV stocks to sell. While various factors can influence the performance of EV stocks, certain indicators can guide selling signals. The market sentiment shifted drastically when Tesla (NASDAQ:TSLA) guided a decline in deliveries and vehicle gros ...

An analyst's unenthusiastic rating on Lucid stock is moving bears to click the sell button.While the S&P 500 and Dow Jones Industrial Average are both driving higher to start the week, shares of Lucid Group (LCID -3.88%) are not heading in the same direction. Instead, investors are sending the electric vehicle (EV) manufacturer's stock lower in response to an analyst's lackluster take on it.As of 11:28 a.m. ET, shares of Lucid are down 5.5%.Gravity risks might prevent Lucid stock from flying higherResuming ...

After months of struggling, one electric vehicle (EV) innovator may be on the verge of a comeback. Lucid Group (NASDAQ:LCID) recently revealed some key details of its highly anticipated 2024 Lucid Air Grand Touring. Known for producing visually appealing luxury EVs, Lucid isn’t changing up its modus operandi with its newest model. The 2024 edition of the popular Lucid Air is geared toward helping customers reach their destination faster and charge more quickly along the way. News of these details has booste ...

NEWARK, Calif., April 17, 2024 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ: LCID), setting new standards for luxury electric experience with the Lucid Air, America's most awarded new luxury vehicle,i announced details about the 2024 Lucid Air Grand Touring, with an array of enhancements to help people drive farther and charge faster in a broader range of environments and conditions.The 2024 Lucid Air Grand Touring features: The 2024 Lucid Air Grand Touring is the world’s first and only fully electric vehic ...