Lucid Stock Slumped by 38% in 2023. Is it a Buy in 2024?

Although we're only a few weeks into the new year, for Lucid (LCID -0.38%), it's already shaping up to be a continuation from 2023. That was a rough year for the young electric vehicle (EV) maker, and its stock ended down 38%, according to data provided by S&P Global Market Intelligence.A year in reviewLucid kicked off 2023 by posting disappointing first-quarter results -- in particular, a net loss of $780 million -- and offering a full-year production forecast update that emphasized the lower end of its or ...