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When looking at Lucid's stock price, it's easy to write the automaker off as a falling knife instead of a value opportunity. And that might be true. However, second-quarter earnings suggest that ...
With shares down by almost 50% year to date, Lucid's (NASDAQ: LCID) stock price plunge shows no signs of ending. The electric vehicle (EV) maker's top-line growth has stalled while losses are ...
Plus, Lucid's shares have a price-to-sales ratio of 8.8, making it more expensive than Rivian, which has a P/S ratio of just 2.8. ... *Stock Advisor returns as of January 27, 2025.
Lucid (NASDAQ: LCID), a fledgling producer of luxury electric vehicles (EVs), went public by merging with a special purpose acquisition company on July 26, 2021.The combined company's stock opened ...
Lucid stock declined 28% in 2024 and is 94% off its early 2021 highs. ... Lucid will produce only about 9,000 vehicles this year because its $69,900 starting price tag only appeals to a small ...
The company's stock price is hovering just above all-time lows and offers an intriguing entry point for investors willing to accept the risk of owning Lucid. For those willing to take that risk ...
Lucid's stock soared to a post-merger high of $55.52 on Nov. 16, 2021, and boosted its market cap to $91.4 billion. ... which indicated it was struggling to keep up with Tesla's aggressive price ...
It may be tempting for some investors to look at Lucid's share price -- $2.96 as of this writing -- and assume the stock is cheap. But Lucid's shares have a price-to-sales (P/S) ratio of 9.