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The Sell-Off Isn’t Over for LCID Stock

LCID Stock - The Sell-Off Isn’t Over for LCID Stock

Electric vehicle stocks across the board nosedived last year, and Lucid Group (NASDAQ:LCID) was no exception. During 2022, LCID stock went from around $38.50 to around $6.83 per share. That’s a more than 82% decline in price.

Recently, shares in the early-stage luxury EV maker have found support, at around $6 or $7 per share. To some, this may suggest that Lucid’s sell-off, which intensified during November and December, was merely the result of

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