LCID – Charm – Daily News

Why Lucid (LCID) Shares Are Plunging Today

Shares of luxury electric car manufacturer Lucid (NASDAQ:LCID) fell 7.4% in the morning session after Stifel lowered its price target on the stock, citing concerns about the company’s need for more capital. The investment firm cut its price target to $17.00 from $21.00, though it maintained a Hold rating on the electric vehicle maker. This…

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

Cs news7 months ago010 mins

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…