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-0.000441501103752828 -0.00176600441501116 0.00132450331125817 -0.000441501103752828 -0.00516556291390732 -0.00618101545253866 -0.00485651214128033 -0.0132450331125828
Stock impact report

Should You Buy Lucid While It's Below $13? [Yahoo! Finance]

Lucid Group, Inc. (LCID) 
Company Research Source: Yahoo! Finance
Vehicle production and deliveries are rising, but the totals aren't impressive for a company that has been making EVs for four years. Signs say EV demand is weakening. 10 stocks we like better than Lucid Group › Shares of Lucid (NASDAQ: LCID) have fallen by 50% to under $13 over the past year as a broader pullback on some electric vehicle stocks has been underway. After such a substantial drop, some investors may be wondering whether now would be a good time to buy. While that significant plunge may make it seem like a deal, there are some good reasons to avoid Lucid stock right now. Here are three of them. Among the biggest red flags about Lucid right now are its minimal revenue and high costs. It increased sales in the third quarter by 68% year over year to more than $336 million, but that's not as impressive as it might seem at first blush, considering its operating loss expanded from $770 million in the year-ago quarter to $942 million this time. Lucid is a young comp Show less Read more
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