Fool.com contributor Parkev Tatevosian elaborates on where Lucid (LCID -1.39%) will find itself as it enters the next growth stage.
*Stock prices used were the afternoon prices of May 15, 2024. The video was published on May 17, 2024.
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Where Will Lucid Stock Be in 2024 and Beyond?
By Parkev Tatevosian, CFA
–
May 18, 2024 at 8:00AM
NASDAQ: LCID
Lucid Group
Market Cap
$7B
Today's Change
(-1.39%) -$0.04
Current Price
$2.84
Price as of May 31, 2024, 4:00 p.m. ET
Lucid is launching the Gravity SUV near the end of 2024, which will likely boost sales in 2025.
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
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