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Lucid Stock Is Falling Sharply as Recession Fears Grow

TheMotleyFool

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Lucid Stock Is Falling Sharply as Recession Fears Grow: https://g.foolcdn.com/editorial/images/785580/lucid-gravity-rear-quarter-view.jpg

Shares of Lucid Group (NASDAQ: LCID) were down sharply on Tuesday after new economic data raised fears of a recession.

At 2:30 p.m. ET, Lucid's shares were down about 8.2% from Wednesday's closing price.

Lucid aims to get its new Gravity electric luxury SUV into production by year's end. A recession could force a delay -- or worse. Image source: Lucid Group.

Source Fool.com