Why Lucid Group Stock Slumped Almost 20% in August

Key Points Lucid is launching its all-electric Gravity SUV in Europe. It also has a partnership with Uber to supply 20,000 or more Gravity SUVs. The EV maker, however, is struggling to scale production. 10 stocks we like better than Lucid Group › Shares of Lucid Group (NASDAQ: LCID) were trading at around $2 apiece on Aug. 29. As of 1:22 p.m. ET today, the electric vehicle (EV) stock is trading at about $19.13 per share. But it's not what you think. Lucid stock fell 19.5% in August and has lost ...