Why Did Lucid Stock Jump 20% This Week?

Lucid Group (NASDAQ: LCID) announced Q2 electric vehicle (EV) production and deliveries, and missed expectations by a wide margin. That wasn't the big news from the company this week, though. Lucid also now appears to have a turnaround plan in place, and that has investors hoping the stock has bottomed. Shares jumped 21% over the past five trading days, even as Lucid stock ended the week on a down note, according to data provided by S&P Global Market Intelligence. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool