Lucid’s Stock Price Still in Reverse Hosted by MarketBeat StaffMay 13, 2024 ShareLink copied to clipboard. Play video for Lucid’s Stock Price Still in ReverseDetailsGuestsLucid’s NASDAQ: LCID stock price has been down-trending since 2021, and it is not over. The Q1 results aren’t horrible, but they did nothing to improve the outlook for growth, market domination, or profits. The results frightened the market because spending is rising, and profitability is as elusive as ever. Because competition in the EV market is heating up, cost is among the largest factors driving consumers, and Lucid cars are expensive EVs, it is unlikely Lucid will change direction soon.Stocks Mentioned in This EpisodeCompanyMarketRank™Current PriceDividend YieldP/E RatioLCIDLucid Group2.2607 of 5 stars$3.02+14.8%N/A-2.25 Add This Stock to My Watchlist Thomas Hughes, GuestMarketBeat Contributor, MarketBeatThomas got his start with the markets while working as a Chef. In 2005 a chance invitation to attend the seminar “How To Buy And Sell Your Own Stocks” altered his worldview. Soon trading and stocks consumed his every waking moment to the point of excluding all else. Thomas now enjoys a much different lifestyle engaged in his true passion, uncovering great investments.Previous VideoAll VideosNext Video Subscribe on YouTube Don't Miss a Video Subscribe to watch the latest stock market videos from MarketBeat. We empower investors to make better trading decisions by providing real-time financial data and objective market analysis. Subscribe on YouTube More From MarketBeatDid You See Trump’s Bombshell Exec. Order 001?Starting with what I call Exec. Order 001. It’s a bombshell law that I believe Trump will sign within minut...Banyan Hill Publishing | Sponsored7 Artificial Intelligence Stocks That Are Still Long-Term WinnersIt's hard to believe that two years ago, many of us had never heard of ChatGPT. But for the last 18 months, in...MarketBeatCould This Tiny Device Help You Make an Extra $30k a Year?I believe it’s going to power Elon Musk’s next AI revolution… A revolution he believes will be worth more t...Brownstone Research | Sponsored7 Chip Stocks to Buy on the DipFor much of the industrial era, semiconductors (i.e. chips) were a cyclical sector. For investors, that meant ...MarketBeatSeeing is believing… Today, I want to share all the details with you… and show you how to leverage this incredible wealth-building ...Porter & Company | Sponsored7 ETFs to Invest in Now for Maximum ReturnsIn the last 12 months, many investors have heard that this is a “stock picker's market." 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Hosted by MarketBeat StaffMay 13, 2024 ShareLink copied to clipboard. Play video for Lucid’s Stock Price Still in ReverseDetailsGuestsLucid’s NASDAQ: LCID stock price has been down-trending since 2021, and it is not over. The Q1 results aren’t horrible, but they did nothing to improve the outlook for growth, market domination, or profits. The results frightened the market because spending is rising, and profitability is as elusive as ever. Because competition in the EV market is heating up, cost is among the largest factors driving consumers, and Lucid cars are expensive EVs, it is unlikely Lucid will change direction soon.Stocks Mentioned in This EpisodeCompanyMarketRank™Current PriceDividend YieldP/E RatioLCIDLucid Group2.2607 of 5 stars$3.02+14.8%N/A-2.25 Add This Stock to My Watchlist Thomas Hughes, GuestMarketBeat Contributor, MarketBeatThomas got his start with the markets while working as a Chef. In 2005 a chance invitation to attend the seminar “How To Buy And Sell Your Own Stocks” altered his worldview. Soon trading and stocks consumed his every waking moment to the point of excluding all else. Thomas now enjoys a much different lifestyle engaged in his true passion, uncovering great investments.Previous VideoAll VideosNext Video Subscribe on YouTube Don't Miss a Video Subscribe to watch the latest stock market videos from MarketBeat. We empower investors to make better trading decisions by providing real-time financial data and objective market analysis. Subscribe on YouTube More From MarketBeatDid You See Trump’s Bombshell Exec. Order 001?Starting with what I call Exec. Order 001. It’s a bombshell law that I believe Trump will sign within minut...Banyan Hill Publishing | Sponsored7 Artificial Intelligence Stocks That Are Still Long-Term WinnersIt's hard to believe that two years ago, many of us had never heard of ChatGPT. But for the last 18 months, in...MarketBeatCould This Tiny Device Help You Make an Extra $30k a Year?I believe it’s going to power Elon Musk’s next AI revolution… A revolution he believes will be worth more t...Brownstone Research | Sponsored7 Chip Stocks to Buy on the DipFor much of the industrial era, semiconductors (i.e. chips) were a cyclical sector. For investors, that meant ...MarketBeatSeeing is believing… Today, I want to share all the details with you… and show you how to leverage this incredible wealth-building ...Porter & Company | Sponsored7 ETFs to Invest in Now for Maximum ReturnsIn the last 12 months, many investors have heard that this is a “stock picker's market." This means that...MarketBeat
