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Lucid was once the highest-flying electric vehicle stock of the SPAC boom, but it now trades at a fraction of its peak.
Lucid Motors's (LCID 1.22%) IPO was one of the most anticipated of the 2021 SPAC boom, and while the company's vehicles have received fantastic reviews, the stock hasn't exactly been a strong performer. In this video, Fool.com contributors Matt Frankel and John Rosevear take a look at Lucid stock and whether it could be worth a closer look right now.
*Stock prices used were the morning prices of Aug. 23, 2024. The video was published on Aug. 30, 2024.
John Rosevear has no position in any of the stocks mentioned. Matt Frankel has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Matthew Frankel is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
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