Lucid Stock Has Been Soaring This Week. Will It Keep Going?

Lucid Group's (LCID -5.85%) electric vehicle (EV) sales may be struggling, but its stock took off like a rocket this week. Shares soared close to 40% -- and without any major news. As of Friday morning trading, the stock was still 24% above where it closed last week, according to data provided by S&P Global Market Intelligence.Yet Lucid shares are still down by more than 70% over the last year. And that's part of what likely caused investors to drive them higher this week.Lucid stock followed Lucid's result ...

Lucid Stock Has Been Soaring This Week. Will It Keep Going? - Reportify