Fool.com contributor Parkev Tatevosian discusses what the news could mean for Lucid (LCID 4.89%) stock investors.
*Stock prices used were the afternoon prices of May 25, 2024. The video was published on May 27, 2024.
Unfortunate News for Lucid Stock Investors
Lucid management sent another sign that demand is weaker than hoped for its electric vehicles.
By Parkev Tatevosian, CFA – May 28, 2024 at 7:15AM EST
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About the Author
A Fool since 2019, and a graduate of Cal State LA with a B.S. in Finance and M.A. in Economics. Parkev is an adjunct professor of Finance and enjoys reading about financial and economic history. You'll often find him writing about stocks in the consumer goods and technology sectors.
Stocks Mentioned
*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.