Lucid Stock Price Jumps | Is $4 the Next Stop? - LUCID stock.

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Lucid Stock Price Jumps | Is $4 the Next Stop? - LUCID stock



Lucid Motors recently saw its stock rise 10.16% to $3.51, fueled by the launch of its highly anticipated Lucid Gravity vehicle. The first deliveries, fulfilling CEO Peter Rawlinson’s 2024 promise, signal strong execution and boosted investor confidence. Institutional investors have been actively buying, with a Days to Cover ratio of 3.71 indicating potential for a short squeeze. Despite positive momentum, 22.73% of Lucid’s shares remain shorted. The company could enhance its market presence with better PR strategies, but strong technical indicators and optimistic options activity suggest the stock may climb further, with resistance at $3.67 and potential highs of $4-$4.50.

















































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