LCID stock price prediction as Lucid receives $1.5 billion cash injection

Lucid (NASDAQ: LCID) announced its Q2 results in an earnings call on August 5. During the call, it revealed yet another $1.5 billion cash injection from the Saudi Public Investment Fund (PIF). Technical analysis of LCID stock. Source: Trading View LCID stock reacted positively to the news, adding 5.67% in the pre-market trading after suffering losses of 3.85% in the latest trading session, which lowered its price to $3 at the close while reaching $3.39 in the pre-market due to gains. | --- | --- | --- | --- ...