Why Lucid Stock Is Skyrocketing Again Today

Lucid (LCID 24.12%) stock is soaring in Friday's trading. The electric vehicle (EV) company's share price was up 24% as of 3 p.m. EDT, according to data from S&P Global Market Intelligence. In conjunction with an uptick in bullish momentum around EV stocks, these developments have helped power explosive gains for Lucid stock. The company's share price is now up roughly 59% over the last month. In an interview with Bloomberg, Rawlinson described the Saudi PIF as the "perfect partner" for Lucid. The CEO also ...