Lucid Stock Is Surging Again. We Still Don't Know Why.
Lucid (LCID) The Motley Fool·2024-01-30 16:18
Shares of EV maker Lucid Group (LCID 9.64%) were trading higher again early Tuesday, a day after a huge one-day gain that mystified veteran Wall Street observers.As of 11 a.m. ET, Lucid's shares were up 10.7% from Monday's close, and up 36.6% on the week so far. Sometimes stocks make unexplained moves, but Lucid's was a whopperIt's not uncommon for a stock to make a significant move that doesn't seem to be driven by news, especially when the company is a not-yet-profitable entrant in a much-hyped space like ...