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Stock impact report

Lucid Touches All-Time Lows. Is It Finally Time for Investors to Risk Buying? [Yahoo! Finance]

Lucid Group, Inc. (LCID) 
Company Research Source: Yahoo! Finance
Lucid sent a message to investors acknowledging a rough period but promising transparency and strong liquidity. After the third quarter, Lucid made a couple of moves to improve its financial flexibility without much dilution. 10 stocks we like better than Lucid Group › Lucid Motors (NASDAQ: LCID) Rivian (NASDAQ: RIVN) and Tesla (NASDAQ: TSLA) are all well-known young electric vehicle (EV) makers, and they almost certainly have more in common than not. However, you wouldn't be able to discern that from simply looking at a price chart over the past six months. TSLA data by YCharts It's clear that investors are getting a little cautious about jumping on the bandwagon for Lucid stock, even after the automaker has posted seven consecutive quarters of record deliveries and continues to ramp up production of its recently launched Gravity. With Lucid touching all-time lows last week, is it time for investors to take on the risk for its potential upside as the EV maker slowly gains Show less Read more
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