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Lucid Stock: Sell This EV Clunker for Scrap, ASAP
Lucid Group (NASDAQ:LCID) hasn’t re-hit all-time lows just yet, but give it time. Lucid stock should decrease in price based on its latest results and guidance updates. The issues of weak demand, cash burn, and shareholder dilution persist. Lucid may not be on the verge of experiencing a “game over” moment in the near-term, yet the end of the road may be approaching. LCID’s eventual demise will likely result in further price decline for this failed growth investment.InvestorPlace - Stock Market
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Lucid Group, Inc. (NASDAQ:LCID) Q1 2024 Earnings Call Transcript
Lucid Group, Inc. (NASDAQ:LCID) Q1 2024 Earnings Call Transcript May 6, 2024 Lucid Group, Inc. misses on earnings expectations. Reported EPS is $-0.29579 EPS, expectations were $-0.25. Lucid Group, Inc. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Ladies and […]
