Lucid Group Inc (NASDAQ:LCID) shares are trading higher Tuesday morning, despite a lack of company-specific news for the session. The move comes after a choppy stretch for the luxury EV maker, with sentiment whipsawed by macro headlines, financing concerns and heavy short interest. Here’s what investors need to know.
- LCID is gathering positive momentum. See what is happening here.
What To Know: The stock otherwise slid Monday alongside the broader market, following a volatile November in which Lucid reported a wider-than-expected third-quarter loss, missed revenue forecasts and announced an $875 million convertible senior note offering due 2031, stoking worries about dilution. Leadership turnover, including the recent departure of Senior VP of Product Eric Bach, has added to investor caution.
Despite those headwinds, Lucid has staged sharp rallies when risk appetite improves. Shares bounced off fresh 52-week lows late last week as Treasury yields retreated and traders increased bets on Federal Reserve rate cuts, easing pressure on high-growth names whose valuations hinge on future profits.
Lucid also remains one of the market's most heavily shorted stocks, with recent data showing short interest near half of the freely traded float. That positioning can amplify upside moves when bearish investors rush to cover. Even after Tuesday's gains, however, the stock remains down 57% in 2025.
Benzinga Edge Rankings: Benzinga Edge data shows Lucid carries an 8.90 Momentum score while its short-, medium- and long-term price trends all remain negative.
LCID Price Action: Lucid Group shares were up 2.15% at $12.85 at the time of publication on Tuesday, according to Benzinga Pro data.
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How To Buy LCID Stock
By now you're likely curious about how to participate in the market for Lucid Group – be it to purchase shares, or even attempt to bet against the company.
Buying shares is typically done through a brokerage account. You can find a list of possible trading platforms here. Many will allow you to buy “fractional shares,” which allows you to own portions of stock without buying an entire share.
In the case of Lucid Group, which is trading at $12.85 as of publishing time, $100 would buy you 7.82 shares of stock.
If you're looking to bet against a company, the process is more complex. You'll need access to an options trading platform, or a broker who will allow you to “go short” a share of stock by lending you the shares to sell. The process of shorting a stock can be found at this resource. Otherwise, if your broker allows you to trade options, you can either buy a put option, or sell a call option at a strike price above where shares are currently trading – either way it allows you to profit off of the share price decline.
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