lucidgroup
Key Points Lucid Group reported its second quarter 2023 earnings result, setting the tone for the trading week and the next quarter.As investors break through the significant achievements delivered by management, the excitement over future growth begins to develop, and markets are coming to tag along.With new customer deals, and enough liquidity to take on even more demand, analysts reward the stock with double-digit upside potential targets. These valuation multiples will reiterate that Lucid is the growth play in this growth sector.5 stocks we like better than Lucid GroupLucid Group (NASDAQ:...
ValueWalk
Lucid Group shares shot up nearly 100% in a single session on rumors of a takeover.Saudi Arabia’s Public Investment Fund may be buying the company.This is good news for EV stocks across the board.5 stocks we like better than Lucid GroupShares of Lucid Group (NASDAQ:LCID) rocketed up by almost 100% in one day on speculation it would be taken over. The rumor centers on Saudi Arabia’s Public Investment Fund, which owns more than 60% of the company. According to reports, the fund is working with a major bank, possibly JPMorgan, on a deal for the cash. Q4 2022 hedge fund letters, conferences and mo...
ValueWalk
In hisDaily Market Notes report to investors, while commenting on the horrific swings in the bond market, Louis Navellier wrote: Q3 2021 hedge fund letters, conferences and more Horrific Bond SwingsThere were some swings in stocks due to the hot CPI releases, but the swings in the bond market were truly horrific. We declined below a rising 50-day moving average on the 10-year Treasury yield the day before the CPI release, and we violently rose above it when the 6.2% inflation number hit the tape. I am puzzled that Treasury yields declined as much as they did in November, going into the Fed tap...
ValueWalk
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