NasdaqGS:LCIDAuto
Reassessing Lucid Group (LCID) Valuation After Recent Share Weakness And Robotaxi Growth Narrative
Context for Lucid Group’s Recent Share Performance
Lucid Group (LCID) has been trading under pressure, with the stock showing a 2.8% decline over the past day and a 5.7% drop across the past week, catching the attention of many EV investors.
Over the past month the share price reflects a 12.8% decline, and over the past 3 months it is down about 49.5%. With a last close of US$10.94, the recent move raises questions about how the market is weighing Lucid’s fundamentals and long term...