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SabahEquityResearch

Is Lucid Group Stock Overvalued?

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Lucid Group, Inc. (NASDAQ:LCID)  
SabahEquityResearch  
NASDAQ:LCID   Lucid Group, Inc.
Elliott Wave Fundamental Analysis
7
1
elliottwaves fundamental
Lucid is the largest SPAC deal involving an EV startup. However, it might be a good time to pause and take a hard look at LCID. Its stock has run up over 265% since Churchill Capital infused $4.4 billion in total funding to LCID and it could be overvalued. As a result, I am bearish on the stock.


Not a financial advice, I could be wrong

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