Why Lucid, Fisker, and QuantumScape Stocks Dropped Today

Reports of higher-than-expected inflation this morning, combined with an apparent flood of investor dollars chasing various cryptocurrencies -- and running away from stocks -- has the stock market in a funk on Thursday. Among the stocks getting hurt most are three players in the electric car industry. Carmakers Lucid Group (LCID -3.96%) and Fisker (FSR -1.35%) are down 6.3% and 5.9%, respectively, through 12:05 p.m. ET, while battery maker QuantumScape (QS -1.69%) is getting off relatively easy with only a ...