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The Latest Breaking News from LCID

3 Heavily Shorted Stocks to Stay Away From This Fall

The major market indexes have been under pressure since the beginning of the year due to macroeconomic and geopolitical concerns. This has significantly benefitted short-sellers. However, since the market is expected to remain uncertain, it could be wise for investors looking to bottom fish to stay away from heavily shorted…

StockNews.com

5 Stocks to Sell Before Things Get Even Uglier

August’s CPI report revealed that inflation is far from being eased, enhancing the odds of another big Fed rate hike next week. With stubbornly high prices and tumbling market sentiment, it could be wise to sell fundamentally weak stocks Lucid Group (LCID), Plug Power (PLUG), AMC Entertainment (AMC), Peloton Interactive…

StockNews.com

The 5 Worst EV Stocks You Should Not Buy in 2022

Although EV demand is growing, the industry is riddled with charging infrastructure and semiconductor chip shortage issues. Therefore, we believe it could be wise to avoid fundamentally poor EV stocks Lucid Group (LCID), Nikola (NKLA), Canoo (GOEV), Workhorse Group (WKHS), and Mullen Automotive (MULN) this year. Let's discuss this in…

StockNews.com

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3 Stocks to Avoid as the Meme Craze Makes Its Comeback

The meme craze is back in action after a lull for a few months. Several stocks have gained traction of late despite their weak fundamentals. With the stock market expected to remain under pressure in the upcoming months, it could be wise to avoid fundamentally weak meme stocks Lucid (LCID),…

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Better EV Stock to Buy Right Now: VWAGY or LCID?

Despite lingering macro headwinds, EV demand remained robust. The sound prospects of the EV industry should bode well for both Volkswagen (VWAGY) and Lucid Group (LCID). But which of them is a Buy right now? Let’s find out….

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5 Stocks You Need to Sell Before Q4

Market volatility is widespread ahead of the Fed’s September rate hike. Moreover, experts are wary of the near-term market uncertainties. Given this volatile backdrop, it could be wise to avoid fundamentally weak stocks NIO (NIO), Twitter (TWTR), Lucid Group (LCID), DraftKings (DKNG), and AMC Entertainment (AMC). Keep reading….

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Are Lucid Group and Rivian Automotive Finally Worth Buying?

The EV market has faced significant challenges such as high inflation, semiconductor chip shortage, and persisting supply chain disruptions. Moreover, the lack of charging infrastructure will likely pressure the industry’s growth. Therefore, despite losing significantly this year, shares of fundamentally weak EV companies Lucid Group (LCID) and Rivian Automotive (RIVN)…

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Tesla Dominance Put To The Test: How EV Upstarts Lucid, Rivian, Fisker Stack Up In Q2 Results

Electric vehicle start-up Lucid Group Inc. (NASDAQ: LCID), and Fisker Inc. (NYSE: FSR) announced quarterly earnings on Wednesday, drawing comparisons to industry leader Tesla Inc.

Benzinga

Dow Jones Futures: Apple Leads Risk-On Market Rally; Big Earnings Movers

Apple, tech titans and Ark-style growth stocks led a risk-on market rally. Albemarle was among earnings movers near buy points.

Investors Business Daily

How To Trade Lucid Stock Before And After Q2 Earnings

Lucid Group, Inc (NASDAQ: LCID) is set to print its second-quarter financial results after the market closes on Wednesday. The stock was trading over 3% higher heading into the event.

Benzinga

EV Stocks: Startups Nikola, Fisker, Lordstown Jump In Big Earnings Week But Luxury Peer Lucid Sinks

Lucid halved its production outlook on "extraordinary challenges." RIDE stock soared as Lordstown, Nikola, Fisker back targets

Investors Business Daily

2 EV Stocks Facing Major Challenges Right Now

Concerns such as inflation, semiconductor chip shortage, and supply-chain disruptions have posed significant challenges for EV manufacturers. Despite the pent-up demand, the industry is grappling with ways to cope with the production challenges. Given this backdrop, we think avoiding fundamentally weak EV stocks NIO Inc. (NIO) and Lucid Group (LCID)…

StockNews.com

Now Is the Time to Sell These 3 EV Stocks

The road to mainstream EV adoption seems to be lengthy. Moreover, the industry is still grappling with looming supply chain disruptions and a shortage of key raw materials. Given the industry headwinds, we think investors should avoid fundamentally bleak EV stocks Workhorse Group (WKHS), Rivian Automotive (RIVN), and Lucid Group…

StockNews.com

Is It Time to Pull the Plug and Sell These 3 Stocks?

Concerns over the Fed’s hawkish tilt to bring down price pressures and growing odds of the economy tipping into a recession have kept the stock market under immense pressure lately. Given an uncertain market backdrop, we think it could be wise to steer clear of fundamentally weak stocks Plug Power…

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2 Electric Vehicle Companies to Avoid in July

The electric vehicle (EVs) industry is growing but remains constrained by supply chain disruptions and the lack of EV charging stations. Moreover, rising recession fears have hampered consumer sentiment and could decelerate aggregate demand. So, fundamentally weak electric vehicle stocks Rivian Automotive (RIVN) and Lucid Group (LCID) are best avoided…

Benzinga

Lucid Group Stock Is Surging: What's Driving The Action?

Lucid Group Inc (NASDAQ: LCID) shares are trading higher Wednesday in sympathy with Rivian Automotive Inc (NASDAQ: RIVN), which reported second-quarter vehicle production and delivery numbers.

Benzinga

Check Out What Whales Are Doing With LCID

Someone with a lot of money to spend has taken a bearish stance on Lucid Gr (NASDAQ:LCID). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

StockNews.com

Time To Drop These Beaten Down EV Stocks

Despite solid sales growth over the past year, the electric vehicle (EV) industry is grappling with supply chain issues and a shortage of key raw materials. As supply constraints are not expected to be eased anytime soon, fundamentally bleak EV stocks NIO (NIO) and Lucid Group (LCID), which have plunged…

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Benzinga

Lucid Launches Retail Location In Seattle

Lucid Group Inc (NASDAQ:LCID) has launched its first retail location in the Pacific Northwest at University Village in Seattle, Washington. With the latest opening, Lucid has 28 studio and service center locations open in North America. Lucid Studio University Village will be open to the public starting Saturday, June 25. "We have a…

StockNews.com

Inflation is running at a 40-year high, and the Fed’s aggressive moves to clamp down on inflation have led to a steep sell-off in the market. However, popular stocks Realty Income (O), Las Vegas Sands (LVS), and Lucid Group (LCID), which still look overvalued at their current price levels, are…

Benzinga

Lucid Group Opens Retail Studio In Colorado

Electric car maker Lucid Group Inc (NASDAQ:LCID) has opened its first studio location in Denver, Colorado, at the Cherry Creek Shopping Center. The studio marks twenty-seven studios and service center locations open in North America. The Lucid Studio in Cherry Creek will be open to the public on June 18. "The state of…

Benzinga

Lucid Group Secures $1B Revolving Credit Facility

Lucid Group Inc (NASDAQ:LCID) has entered into a credit agreement with a syndicate of banks to provide a secured asset-based revolving credit facility with an initial committed amount of up to $1.0 billion. The facility also provides for uncommitted incremental revolving commitments of up to an additional $500 million. The ABL Credit Facility has…

Benzinga

Why Shares Of Lucid Group Are Trading Lower

Lucid Group, Inc. (NASDAQ: LCID) shares are trading lower Monday alongside several companies in the auto & auto component sector amid overall weakness as stocks continue to sell off following worse-than-expected May CPI data.

Benzinga

Lucid Stock Is Racing Higher: What's Going On?

Lucid Group Inc (NASDAQ: LCID) shares are trading higher Thursday after the company on Wednesday announced plans to set up a new manufacturing facility in Saudi Arabia.

Benzinga

Lucid Sets Stage For First Overseas Manufacturing Facility With Partners In Saudi Arabia

Lucid Group Inc (NASDAQ:LCID) has set the stage for constructing AMP-2, a production factory in Saudi Arabia with a capacity of 155,000 electric vehicles. The agreement is estimated to provide financing and incentives to Lucid up to $3.4 billion in aggregate over the next fifteen years to build and operate a manufacturing…

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