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LCID - Lucid Stock Is On Fire but Investors Might Get Burned
Lucid Group Inc.
2024-07-18 07:00:00 ET
Lucid (NASDAQ: LCID) stock has been on a tear recently as investors bet that lower interest rates will help the sale of electric vehicles. But the fundamental performance of Lucid's business leaves a lot to be desired. In this video, Travis Hoium shows just how risky Lucid is today.
*Stock prices used were end-of-day prices of July 16, 2024. The video was published on July 17, 2024.