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Why Lucid (LCID) Speculators are Sounding the Short-Squeeze Alarm [Yahoo! Finance]
Last tesla, inc. earnings: 4/29 04:11 pm
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US:NASDAQ Investor Relations: ir.tesla.com
Sure, since hitting an apparent near-term bottom on Sept. 4, LCID stock has jumped 26%. But that's not going to get rid of the bad taste stemming from the year-to-date loss of roughly 33%. What's more, in the trailing five years, LCID has stumbled over 79%. When Lucid first entered the EV fray, it potentially offered viable competition to Tesla (TSLA). While the latter had become synonymous with next-generation mobility, its vehicles suffered from an unchanging design motif. With Lucid, the brand brought in much-needed dynamism to the ecosystem. Unfortunately, a fading rate of growth and expanding losses haven't endeared Lucid to investors. More News from Barchart Nat-Gas Prices Erase Early Gains on Expectations for EIA Inventories to Build Energy Demand Concerns Undercut Crude Prices Dollar Strength and Energy Demand Concerns Weigh on Crude Prices Our exclusive Barchart Brief newsletter is your FREE midday guide to what's moving stocks, sectors, and investor sentiment - d
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