Lucid Group Inc Aktie News

In the world of investing, no single rule needs to be followed. Whether technical, fundamentals, short-term trading or long-term investing, the bottom line is generating returns that consistently beat the index.

After months of struggling, one electric vehicle (EV) innovator may be on the verge of a comeback. Lucid Group (NASDAQ: LCID ) recently revealed some key details of its highly anticipated 2024 Lucid Air Grand Touring.

NEWARK, Calif. , April 17, 2024 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ: LCID), setting new standards for luxury electric experience with the Lucid Air, America's most awarded new luxury vehicle,i announced details about the 2024 Lucid Air Grand Touring, with an array of enhancements to help people drive farther and charge faster in a broader range of environments and conditions.

Last week, I recommended “5 Stocks to Buy as Interest Rates Begin to Fall.” Declining borrowing costs looked set to turn these loss-making firms profitable again – a historically bullish sign for stocks.

There's been some positive Lucid Group (NASDAQ: LCID ) stock, but it hasn't translated into a positive and permanent change in price trends. Shares initially rallied on better-than-expected deliveries, but quickly reversed.

Though the entire electric vehicle (EV) industry has been suffering in the cold grip of the EV winter, few have fallen as low as Lucid Motors (NASDAQ: LCID).

The average price of a new car in March is still about $10,000 higher than prepandemic levels.

Owing to their low market capitalization, penny stocks are notoriously volatile. Like altcoins, this drives speculative trading and pump and dump schemes.