Should You Buy Lucid Group (LCID) Stock Before Aug. 5? Here's What History Says
Lucid's stock has historically struggled after earnings As the chart above shows, it's historically been a bad move to buy Lucid's shares ahead of the company's earnings reports. Most of its quarterly releases have corresponded with big sell-offs for the stock, and the EV specialist's share price is now down roughly 87% over the last three years. Sales and earnings performances have generally come in below the levels needed to spur gains for the stock: Lucid is gearing up to publish its second-quarter resul ...