Why Lucid Stock Is Jumping Today

Lucid (LCID 1.79%) stock is posting gains Monday. The electric vehicle (EV) company's share price was up 2.6% as of 11 a.m. ET, according to data from S&P Global Market Intelligence. Earlier in the trading session, it had been up as much as 9.2%.Lucid is gaining ground in conjunction with momentum for the broader market today. As of last Friday, stocks are officially in a new bull market, and enthusiasm appears to be carrying over to this week's trading. In addition to that momentum, Lucid stock may be gain ...