Stock Market Today: Lucid Slides 8% as Reverse Split Concerns Resurface

Stock Market Today: Lucid Slides 8% as Reverse Split Concerns Resurface

Lucid Group(NASDAQ: LCID) dropped 8.24% to close at $2.56 on Tuesday, with the sharp decline attributed to renewed investor concerns over the electric vehicle (EV) maker’s recently filed 1-for-10 reverse stock split proposal. The decline appears sentiment-driven, reflecting lingering skepticism over Lucid’s capital structure and long-term path to profitability. Lucid’s decline stood out against broader…

Read More
A stock chart displayed on a computer monitor that's being reflected on the eyeglasses of a money manager.

Prediction: 3 Magnificent Stocks That’ll Be Worth More Than Nvidia and Palantir by 2035

Key Points Nvidia and Palantir Technologies are the faces of the artificial intelligence (AI) revolution. Though Nvidia and Palantir have made their shareholders notably richer, both stocks are arguably in a bubble. Three phenomenal companies have the tools and intangibles needed to leapfrog today’s hottest stocks over the coming 10 years. For the better part…

Read More
An SUV in the woods.

Should You Buy Lucid Stock While It’s Below $3?

The electric vehicle industry is enticing because, despite some setbacks, many countries and customers around the world are shifting their attention to EVs. The gains in EV adoption are often attributed to both consumer interest and government incentives that spur industry growth. The result is that in 2024, there were 1.3 million EVs sold, an…

Read More
Before the Bell: What every Canadian investor needs to know today

Before the Bell: What every Canadian investor needs to know today

Equities Global stocks were mixed on Wednesday as investors assessed the tenuous Middle East ceasefire and turned attention back to the U.S. economy. Wall Street futures were subdued after the previous day’s rally. TSX futures were flat. In Canada, investors are getting results from Alimentation Couche-Tard Inc., Evertz Technologies Ltd., AGF Management Ltd. and Novagold…

Read More