Easy Come, Easy Go? Lucid Stock Has Already Given Up Much of This Week's Gains [Yahoo! Finance]
Lucid Group, Inc. (LCID)
Company Research
Source: Yahoo! Finance
As of 3:30 p.m. ET, shares of Lucid were down 7.2% from Tuesday's closing price -- but still up about 9% since the end of last week. Remember the "meme stock" revival on Monday? It's already fading. Investors who have been around for a few years will recall the eye-opening short-term gains once posted by meme stocks , a group of heavily shorted stocks that were promoted by social media personalities and others -- and that posted impressive (if usually brief) gains thanks to short squeezes earlier in the decade. Some of those stocks briefly revisited those rocket-ship gains on Monday and Tuesday, after a Reddit user who had been a prominent voice in the meme-stock era posted for the first time in roughly three years. Lucid's stock, along with shares of other EV makers , had its moments in the meme stock days -- and it posted nice gains on Monday and Tuesday. But it's a different company now, and it's no surprise that those gains have already started to fade. Lucid has a long
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LCID
News
- Lucid has high expectations for new Gravity SUV as customer orders set to open [CNBC]CNBC
- Lucid Gravity Orders to Open November 7, 2024PR Newswire
- Lucid Air Earns a Five-Star Overall Safety Rating from NHTSA for 2025PR Newswire
- What's Wrong With Lucid Group Stock? [Yahoo! Finance]Yahoo! Finance
- Why Lucid Group (LCID) Outpaced the Stock Market Today [Yahoo! Finance]Yahoo! Finance
LCID
Earnings
- 8/5/24 - Miss
LCID
Sec Filings
- 10/18/24 - Form 8-K
- 10/18/24 - Form 424B5
- 10/16/24 - Form 424B5
- LCID's page on the SEC website