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LCID Sell Alert: Time to Send Lucid Stock to the Junkyard
LCIDLucid (LCID) Investor Place·2024-06-04 10:00

With consumers moving away from fully electric vehicles in favor of gas/electric hybrids, now is not the time to invest in Lucid Group (NASDAQ:LCID). Lucid stock has steadily declined as the company struggles with waning demand and an ongoing series of production problems. Since going public in 2021, Lucid stock has fallen over 70% and the share price is now below $3. That places the company on the penny stock league tables. While some people might be tempted to bottom fish the stock, any investment at this ...