LCID Stock Sell-Off: Has Lucid Reached the End of the Road?

Lucid Group (NASDAQ:LCID) has been a penny stock for months, but LCID stock initially appeared to have found a floor within the upper range of “penny stock territory” (between $4 and $5 per share). Shares in this EV manufacturer have plummeted in the past month. The stock has fallen 44.5% in a month, from $4.75 to $2.65 per share.Contrarians may see this as a great chance to buy the EV contender at a low cost. However, that shares have sunken so far, so fast should give even those with a high level of risk- ...