Lucid Group Is Revving Up, but This Stock Is Monday's Big Winner
After a week that took some stock market benchmarks to all-time highs, Wall Street looked ready to start the new week on a positive note yet again. As of 8:15 a.m., futures contracts on the Dow Jones Industrial Average (DJINDICES: ^DJI) were up 23 points to 35,990. S&P 500 (SNPINDEX: ^GSPC) futures rose 10 points to 4,721, and the Nasdaq Composite (NASDAQINDEX: ^IXIC) saw its futures contracts gain 58 points to 16,387.
Electric vehicle stocks have been seeing a lot of volatility lately, but Monday brought some good news for Lucid Group (NASDAQ: LCID) that helped send its shares higher. However, one stock saw truly massive gains after a piece of news that was largely unanticipated. Below, we'll go into why Lucid is on the rise and then reveal which stock is seeing massive gains Monday morning.
Source Fool.com