Why Lucid Stock Lost More Than 5% Today
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Investors in Lucid Group (NASDAQ: LCID) are feeling nervous. The electric vehicle (EV) stock fell further today, dropping to a low of 6.6% in early-morning trading. Lucid shares were still trading 5% lower as of noon ET Wednesday.Lucid reported record quarterly deliveries earlier this month and is about to open bookings for its Gravity SUV for customers in Canada. Yet investors fear the EV maker could face growth challenges under the Trump administration.Soon after taking the oath of office on Monday, Donald Trump revoked 78 executive orders signed by his predecessor, Joe Biden. That included a non-legally binding executive order from 2021 signed by Biden, which targeted 50% of new cars sold in the U.S. to be electric by 2030.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
Ausgewählte Hebelprodukte auf Lucid
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Der Hebel muss zwischen 2 und 20 liegen
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Quelle: MotleyFool
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