Latest News

3 Stocks That Are Set for Monster Growth in 2022

0

Motley Fool

Why Lucid Stock Jumped 46% in October and Continues to Rally

Electric vehicle (EV) stocks have been all over the news in recent weeks, but Lucid Group (NASDAQ: LCID) stumped everyone with the kind of attention it received: Its shares surged a whopping 45.7% October, according to data provided by S&P Global Market Intelligence, with all of those gains coming in just the last week of October. Lucid first caught the market’s attention at the end of September when it announced the start of commercial production and said it was ready to deliver its first cars, the Lucid Air Dream Edition sedan, by the end of October. With the Air Dream’s range rating beating Tesla’s (NASDAQ: TSLA) longest-range EV, the Model S, by nearly 100 miles, EV enthusiasts had a lot to look forward to.

AMC quarterly revenue beats estimates

Previous article

The No. 1 reason to buy index funds

Next article

You may also like

Comments

Leave a reply

Your email address will not be published. Required fields are marked *

More in Latest News