These 3 Stocks Are the Top EV Gainers of 2021
Electric vehicle (EV) stocks have seen significant gains in recent months. With just four weeks to go before the year ends, let's take a closer look at stocks that have gained the most so far in 2021. We'll also discuss how the stocks may fare in the coming year, and beyond.
The EV stock that has gained the most so far in 2021 is... Lucid Group (NASDAQ: LCID). Lucid stock went public on July 26, but investors had an opportunity to invest in the company through a special purpose acquisition vehicle (SPAC), Churchill Capital Corp IV. Lucid announced its plan to merge with the SPAC in February. Even before the official announcement, Churchill Capital Corp IV stock surged in January on rumors of a possible merger with Lucid Group.
Source Fool.com