Lucid Stock Is Falling Sharply as Recession Fears Grow
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