Lucid Motors (NASDAQ:LCID) enjoyed a period of time where it had robust momentum, but that period has since faded. LCID stock is down about 70% from the highs in February, when the stock topped out near $65. Source: ggTravelDiary / Shutterstock.com Now near $20, Lucid stock bulls have been served a hearty plate of humble…

Palantir Technologies (NYSE:PLTR) stock is on the move Thursday following news of a deal with Wejo to create an integrated data ecosystem for the automotive industry. Source: Ascannio / Shutterstock.com Wejo is a global leader in connected vehicle data that is on its way to a public listing. The company has signed a merger agreement…

Offerpad Solutions (NYSE:OPAD) is joining the pantheon of meme stocks this morning as traders on social media hype up the shares. Source: TDKvisuals / Shutterstock.com So what exactly is Offerpad Solutions? The company focuses on the buying and selling of homes. It offers a Real Estate Solutions Center for users to give them custom options…

Range anxiety is a psychological terror that plagues many EV drivers. Depending on the electric car you own, mileage can range wildly. And with recharging stations not ubiquitous in the U.S. yet, knowing you’ll have enough power to get to the closest charger is not always guaranteed. Lucid Motors (NASDAQ:LCID) is making things a little…

The electric vehicle (EV) boom has come to define the market in 2020 and 2021. Innovation rollouts from companies such as Tesla (NASDAQ:TSLA) and Lucid Motors (NASDAQ:LCID) have investors and consumers watching excitedly as the future of travel continues to unfold. For public companies whose devices operate off the ground, though, taking off may be…

Backed by billionaire Bill Ackman, Pershing Square Tontine (NYSE:PSTH) may have been one of the hottest special purpose acquisition companies (SPACs) earlier this year. However, after what played out last month, that’s certainly no longer the case. As fellow InvestorPlace contributor Ian Bezek recently wrote, this name’s deal to purchase a stake in Universal Music…

Shares of luxury electric vehicle (EV) maker Lucid Group (NASDAQ:LCID) have sold off since going public in late July. LCID stock has shed more than 19% of its value since then. Source: ggTravelDiary / Shutterstock.com However, all that could quickly change once it starts deliveries of its premium EV sedan, the Lucid Air, in the…

The S&P 500 closed lower in the last five sessions. But thanks to an afternoon push, bulls avoided a sixth-straight daily decline. That being said, let’s look at a few top stock trades as we near mid-month. Top Stock Trades for Tomorrow No. 1: Litecoin (LTC-USD) Litecoin (CCC:LTC-USD) was scorching higher on the day, up…

Since I last wrote about it on Aug. 13, Lucid Group (NASDAQ:LCID) stock has drifted back below $20 per share. Is it time to “buy the dip?” Source: ggTravelDiary / Shutterstock.com Not so fast. The pullback in this electric vehicle (EV) stock may be just getting started. Besides its recent lockup expiration and the waning appeal…

It’s been an exciting month for Lucid Motors (NASDAQ:LCID) and it isn’t even half over. September began with the first deadline for private investment in public equity (PIPE) investors to offload shares, causing LCID stock to take a dive. After a week of growth, albeit with a few dips, Lucid has made another announcement to…

Hyzon Motors (NASDAQ:HYZN) has proven that it won’t be left behind in the race toward a more sustainable future. The Silicon Valley-based electric vehicle producer has just announced a deal that will help it power the EV revolution. As a result, HYZN stock has pulled a massive U-turn. Source: BigPixel Photo / Shutterstock.com Why HYZN…

Vaping stocks are doing stock hot on Thursday as the U.S. Food and Drug Administration (FDA) prepares to weigh in on e-cigarettes. Source: Shutterstock The FDA is set to determine if e-cigarettes will continue to be allowed in the U.S. However, its decision could be delayed. That could cause several vaping stocks to fall as…

Rivian has 100,000 reasons to think it can do an initial public offering with a $80 billion valuation. Source: Shutterstock That’s how many of its delivery vans Amazon (NASDAQ:AMZN) has ordered. Amazon placed the order two years ago, expecting deliveries by 2024, with 10,000 on the road next year. This means that, unlike Workhorse Group…

Lucid Motors (NASDAQ:LCID) rose 11% on its first trading day following its reverse SPAC merger with Churchill Capital to close at $26.83 on July 26. Source: ggTravelDiary / Shutterstock.com Lucid is now trading at $18.69 as of September 2. This means LCID stock has dropped more than 30% from its trading debut close price, which…

Boy, August has been a rough month for certain companies, and Lucid Motors (NASDAQ:LCID) certainly makes the list. This once-popular de-SPAC stock has been hit hard this summer. In the month of August alone, shares of LCID stock lost approximately 20%. Source: gg5795 / Shutterstock.com Now, this summer has been an intriguing time for growth investors.…

This year began with a boom in which SPACs quickly began to dominate the market. They started helping young and early stage companies make their public debut before they would have otherwise been able to. The SPAC craze seems to have subsided, though, and partnering with them has often yielded negative results. Investors are seeing…

As the pressing need for sustainable transportation options fuels demand for electric vehicles, demand for the products that power the cars of the future also continues to grow. One of the most important is lithium, a chemical that serves as one of the key components for rechargeable batteries, a piece that EV manufacturers have struggled…

Lucid Motors (NASDAQ:LCID) faces two important catalysts this month and today marks the first. As previously reported, Sept. 1 marks the end of the first lock-up provision that initially prohibited PIPE (private investment in public equity) investors from offloading shares of LCID stock. Source: Around the World Photos / Shutterstock.com The company’s overall negative performance since…