Lucid Group stock is falling due to slowing economy, negative GDP growth, and profitability concerns.

From Yahoo Finance: 2025-04-30 13:34:00

Data released today shows a slowing economy, with consumer spending reports mixed and households likely to tighten belts. Shares of Lucid Group (NASDAQ: LCID) fell 3.3% amid broader market declines. The Commerce Department reported a 0.3% GDP decline in Q1 2025 due to tariff uncertainty. Consumer spending is uncertain, but if the trend continues, luxury brands like Lucid could suffer. Despite sales growth, Lucid has yet to turn a profit and has negative cash flow. Analysts advise caution with Lucid stock due to profitability concerns. The Motley Fool recommends 10 other stocks over Lucid for potential high returns.



Read more at Yahoo Finance: Why Lucid Group Stock Is Sinking Today