Why Lucid Stock Sank Today

Did Tesla just issue very worrying signals for Lucid stock? While there wasn't any business-specific news pushing Lucid lower today, the company's valuation fell after high-profile earnings reports missed expectations. Yesterday, Alphabet and Tesla became the first two members of the "Magnificent Seven" to report quarterly earnings -- and Wall Street was not happy with the results. Tesla's report in particular may have some bearish implications for Lucid. It was a volatile day for the stock market. Notably, ...