Why Lucid (LCID) Speculators are Sounding the Short-Squeeze Alarm

It’s no secret that electric-vehicle manufacturer Lucid Group (LCID) is a mess. Sure, since hitting an apparent near-term bottom on Sept. 4, LCID stock has jumped 26%. But that’s not going to get rid of the bad taste stemming from the year-to-date loss of roughly 33%. What’s more, in the trailing five years, LCID has stumbled over 79%. When Lucid first entered the EV fray, it potentially offered viable competition to Tesla (TSLA). While the latter had become synonymous with next-generation mobility, its v ...