Why Is Lucid Motors (LCID) Stock Up 17% Today?

Lucid Motors (NASDAQ:LCID) stock is rising higher on Tuesday as recent interest in meme stocks are causing many to rally. In Lucid Motors' case, it is often of interest to retail and day traders. However, that doesn't mean it wouldn't benefit from the extra attention that comes with the latest meme stock rally. One thing that could be happening is a short squeeze of LCID stock. That would make sense with its short interest of 280,606,688 shares. This represents a whopping 31.68% of the company's float. Inve ...