Fool.com contributor Parkev Tatevosian discusses what the news could mean for Lucid (LCID 5.39%) stock investors.
*Stock prices used were the afternoon prices of May 25, 2024. The video was published on May 27, 2024.
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Unfortunate News for Lucid Stock Investors
By Parkev Tatevosian, CFA
–
May 28, 2024 at 7:15AM
NASDAQ: LCID
Lucid Group
Market Cap
$9B
Today's Change
(5.39%) $0.14
Current Price
$2.83
Price as of May 16, 2025, 3:58 p.m. ET
Lucid management sent another sign that demand is weaker than hoped for its electric vehicles.
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.
Stocks Mentioned
Lucid Group
LCID
$2.83
(5.39%)
$0.14
*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
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