Why the Early Gain in Lucid Stock Faded Today
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Shares of electric vehicle (EV) maker Lucid Group (NASDAQ: LCID) jumped as much as 5% today. Those gains began to fade as the trading day progressed, and the stock was actually lower by 1% as of 1:20 p.m. ET on Thursday.Two causes likely had the stock trending higher early today. First was the announcement that Lucid's luxury EVs will soon be equipped with the new Lucid Assistant, a hands-free system from artificial intelligence (AI) voice-recognition company SoundHound AI.The other reason for optimism today was the fourth-quarter update provided by EV leader Tesla earlier in the session. One aspect of its delivery data bodes well for the state of recent EV demand.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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Der Hebel muss zwischen 2 und 20 liegen
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