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  • InvestorPlace

    Lucid Stock is Spiraling Down in More Ways Than One

    At first, you may think we are particularly harsh on Lucid Group (NASDAQ:LCID), but keep in mind that we are downright bearish on Lucid stock. As discussed in prior coverage, a big reasonreason Lucid is a bad investment has to do with the fact that the stock is caught in a dilution spiral. However, Lucid’s downward spiral isn’t just limited to the watering-down of LCID’s value through the issuance and sale of new shares. Sure, recent fiscal results show that sales growth has resumed. Even so, it

  • InvestorPlace

    LCID Sell Alert: Time to Send Lucid Stock to the Junkyard

    With consumers moving away from fully electric vehicles in favor of gas/electric hybrids, now is not the time to invest in Lucid Group (NASDAQ:LCID). Lucid stock has steadily declined as the company struggles with waning demand and an ongoing series of production problems. Since going public in 2021, Lucid stock has fallen over 70% and the share price is now below $3. That places the company on the penny stock league tables. While some people might be tempted to bottom fish the stock, any invest

  • Barrons.com

    Lucid Group Is Cutting 6% of Its Workforce. The Stock Is Down.

    The electric-vehicle start-up says the job cuts are part of a restructuring plan to optimize its operating expenses.