Should you buy LCID stock as Lucid becomes ‘mostly immune' to EV credit cuts?
Lucid (LCID) Finbold·2024-11-19 22:12
After weeks of extended losses, electric vehicle manufacturer Lucid Motors (NASDAQ: LCID) is striving to stabilize its valuation above $2.The equity, currently valued at $2.14, ended the last trading session up 6.47%. However, on the weekly chart, LCID is down almost 8%.Ahead of trading on November 19, the stock is signaling an inability to sustain the previous session’s momentum, down 0.47% in the pre-market. LCID one-week stock price chart. Source: FinboldLCID share price needs to target the $3 resistance ...