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Can Lucid stock hit $5? LCID recovers from record low
LCIDLucid (LCID) Finbold·2024-01-24 15:11

After enduring consecutive days of losses, the stock price of Lucid Motors (NASDAQ: LCID), the electric vehicle (EV) startup, is now showing signs of recovery, capturing increased investor interest.Over the past five days, the stock has experienced a noteworthy rally of almost 9%, rebounding from an all-time low of approximately $2.5. Notably, the EV stock has surged by over 15% since hitting the record low, reaching $3.11 by press date. The market’s focus has shifted to LCID’s ability to sustain its price ...