Make No Mistake, Lucid Stock Is Still a Dead End

There’s been some positive Lucid Group (NASDAQ:LCID) stock, but it hasn’t translated into a positive and permanent change in price trends. Shares initially rallied on better-than-expected deliveries, but quickly reversed. The stock reached a new 52-week low recently.Investors may have absorbed the delivery-beat news and are once again focusing on the largest issues affecting the performance of the company and its shares. Despite the stock being “priced for disaster,” these problems will persist. A further s ...