Why Lucid Stock Skidded 19.6% in February and Keeps Falling Further

Shares of Lucid Group (LCID 2.87%) were losing momentum early in the year, but not many expected the stock to fall so much so soon. An unexpected turn of events sent the electric vehicle (EV) stock plunging 19.6% in February, according to data provided by S&P Global Market Intelligence. Lucid stock has now lost almost 30% value so far in 2025, as of this writing.Lucid reported strong numbers, but its CEO also quitAfter announcing a new chief financial officer in January, Lucid announced another major change ...