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Why These Former Meme-Stock EV Companies Are Surging Now
LCIDLucid (LCID) The Motley Fool·2024-05-14 16:50

Shares of former meme-stock darlings Lucid, Nikola, and QuantumScape are all taking off again. Here's the real story. Monday's surprising meme-stock revival continued into Tuesday's trading, as a number of volatile former favorites saw their shares soar again on little news. As was true a few years ago, electric vehicle (EV) stocks were among the big winners on Monday, and the action has continued today. Here are where things stood for these three past-and-maybe-future favorites as of 11 a.m. ET on Tuesday. ...