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Benzinga
Benzinga
Business
Henry Khederian

What's Going On With Lucid Group Stock?

Lucid Lucid Group LCID Nasdaq Stifel Benzinga Edge
Lucidc7eca815-c45e-4bda-ae8b-4dd0191a84b0

Lucid Group Inc (NASDAQ:LCID) stock is trading flat on Monday afternoon following strong gains from Friday. Stifel reportedly adjusted its price target on Lucid to $21 from $2.10 to reflect the company’s recent 1-for-10 reverse stock split, while maintaining a Hold rating on the shares. Here’s what investors need to know.

See what is driving LCID stock here.

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