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Stock impact report

Lucid Stock: Buy, Sell, or Hold? [Yahoo! Finance]

Lucid Group, Inc. (LCID) 
Company Research Source: Yahoo! Finance
But despite its impressive products, the company's shares have plunged 96% over the past three years. The steep drop has no doubt left Luid shareholders wondering if it's time to give up on the stock, and prompting some to wonder if it's time to buy this EV stock at a discount. Here are a few suggestions. Are You Missing The Morning Scoop? Breakfast News delivers it all in a quick, Foolish, and free daily newsletter. Sign Up For Free » There are good reasons to sell a stock , no matter what industry the company is in or what's happening in the market. These reasons mainly include: Needing the money for something else Rebalancing your portfolio The original investment thesis for buying the stock has changed. I think Lucid's current situation makes it tricky for Lucid shareholders because the automotive market's transition to EVs is very likely, Lucid has a solid product, and is working on releasing new ones. But the problem is that Lucid is spending tons of money, vehic Show less Read more
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