Lucid Group (LCID) Stock Declines, Trades at $2.50 in Wednesday Morning Action

NEW YORK – Shares of electric vehicle maker Lucid Group Inc. (NASDAQ: LCID) edged lower during mid-morning trading on Wednesday, April 10th.

As of 11:47:43 AM Eastern Time (UTC-4), Lucid stock was trading at 0.050 from the previous close, representing a decline of 1.96% for the day’s session so far.

The current trading level sits below Lucid’s previous closing price of $2.55. The intraday chart indicates some volatility, with the stock price fluctuating throughout the morning after an initial dip shortly after the market opened.

Investors are watching the movement in LCID shares as trading activity continues on the NASDAQ exchange. The $2.50 mark appears to be a key level the stock is hovering around late Wednesday morning.