Lucid stock in jeopardy as fears of a massive recall mount
Lucid (LCID) Finbold·2024-02-14 13:56
After failing to meet its delivery targets and seeing its shares drop so much that they were removed from the Nasdaq 100 index – and index of the 101 largest non-financial stocks listed on the exchange – in 2023, February appeared to have brought a reprieve to the beleaguered electric vehicle (EV) maker, Lucid Motors (NASDAQ: LCID).Indeed, the Saudi-owned company achieved several victories starting in late January, including several major deals with aluminum producers in Saudi Arabia and luxury commerce pla ...