Why Lucid Stock Fell Today
Lucid (LCID) The Motley Fool·2024-10-24 06:03
Interest rates and the anticipation of big news from Tesla played roles in Lucid stock's moves Wednesday.Lucid (LCID -4.60%) stock lost ground in Wednesday's trading. The company's share price closed out the daily session down 4.6% and had been down as much as 5.4% earlier in the day.Lucid stock fell in today's daily trading as investors weighed the possibility that the Federal Reserve will adopt a slower-than-anticipated pace for interest rate cuts. The market was also feeling jittery about electric vehicl ...