Was Lucid Stock Unfairly Punished by the Market Today?
Lucid (LCID) The Motley Fool·2024-01-25 23:19At times, it seems Lucid Group (LCID -5.67%) just can't catch a break lately. Contending with a general slowdown in sales growth for electric vehicles (EV), the luxury vehicle's share price dove to all-time lows earlier this month following news of a recall.Although the share price didn't hit a new floor on Thursday, it did erode by almost 6% on the day. To be fair, this was hardly the company's own fault.A famous peer sputteredWhile not everything good or bad in the EV industry flows from segment powerhous ...