Why Lucid Stock Jumped Friday
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What happened
Established automakers are finding out it’s hard to ramp up electric vehicle (EV) production, and that’s benefiting EV startups like Lucid Group (NASDAQ: LCID) Friday. Lucid shares were trading up by 8.2% as of 12:30 p.m. ET.
Established automakers are finding out it’s hard to ramp up electric vehicle (EV) production, and that’s benefiting EV startups like Lucid Group (NASDAQ: LCID) Friday. Lucid shares were trading up by 8.2% as of 12:30 p.m. ET.
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