Can Lucid Stock More than Double This Year? My Math Says Yes.

At a cursory look at premium electric vehicle manufacturer Lucid Group (NASDAQ:LCID), it’s easy to become discouraged. Over the past 52 weeks, its equity shares suffered a devastating loss of more than 72%. Fundamentally, the EV price war that Tesla (NASDAQ:TSLA) initiated has come back to bite it in the hind end. Lucid was no beneficiary. Still, intriguing price discovery dynamics suggest a compelling take regarding the LCID stock forecast.Essentially, when Lucid went public (via a reverse merger with a bl ...