LCID Stock Alert: Why Lucid Motors Just Hit a New 52-Week Low

Despite a week of mostly growth, things have been looking grim for Lucid Motors (NASDAQ:LCID) lately. The trendy electric vehicle (EV) startup is battling a difficult economic landscape that only seems to be getting more complicated. While navigating it is difficult for many automakers, LCID stock just hit a low for the year, dipping as low as $2.38 per share. This signals that things are worse for it than some of its peers. But even after hitting this negative milestone, Lucid is working hard to rebound. S ...