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Stock impact report

Why Lucid Motors Stock Sank Today [Yahoo! Finance]

Lucid Group, Inc. (LCID) 
Company Research Source: Yahoo! Finance
It officially introduced the initial 2026 Grand Touring edition yesterday. A company executive also announced that plans to launch a new, midsize SUV next year are on track. Yet after a brief rise higher, Lucid stock is plunging today. Lucid shares closed the day's trading lower by 5%. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue » Lucid stock is down about 25% year to date with today's drop. News from the company yesterday was positive, though. Lucid is diversifying its product lineup with its new luxury Gravity SUV. It began accepting registrations last year, but now has officially opened the order book on the high-end SUV that starts at $94,900. Another version with a starting price of under $80,000 will be available to order later this year. Maybe more important for Lucid investors are plans to launch a new, lower-priced, midsize SUV next year. Lucid senior vice president Derek Jenkins Show less Read more
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