xJimmy
2021-12-07
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Lucid Motors Price Predictions: What Does SEC Probe Mean for LCID Stock?
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Lucid Motors price predictions are a hot commodity today in the wake of the foreboding news. Consequently, LCID stock is down nearly 8% on the day so far.</p>\n<p>The investigation seems to be pointed at Lucid’s special purpose acquisition company (SPAC) merger that brought Lucid public this past July. It’s currently unclear what specifically the SEC is probing, but the announcement has cast a mysterious shadow over SPACs everywhere as investors wait to hear more.</p>\n<p>As a recap, Lucid announced it would be going public via SPAC merger with blank-check company Churchill Capital Corp. IV in February. The announcement was fortuitous for Churchill shares. The soon-to-be LCID stock saw a more than a 500% increase in a matter of weeks on the news.</p>\n<p>SPAC mergers are the new hot ticket in the world of initial public offerings (IPOs). This season saw a record level of SPAC IPOs. This recent SEC investigation puts worrisome pressure on many SPACs with fears that the party may be over.</p>\n<p>EVs in general are having a mixed day today. Lucid and <b>Tesla</b>(NASDAQ:<b><u>TSLA</u></b>) are down 4% and 0.8%, respectively, while <b>Volta</b>(NYSE:<b><u>VLTA</u></b>),<b>Rivian</b>(NASDAQ:<b><u>RIVN</u></b>) and <b>Nikola</b>(NASDAQ:<b><u>NKLA</u></b>) are enjoying fairly sizable upticks.</p>\n<p>Following the investigation news, all eyes are on Lucid. Will its historically high price targets hold up under the investigation?</p>\n<p>Lucid Motors Price Predictions: Will the Investigation Slow Down Lucid’s Hype Train?</p>\n<p>With Lucid currently sitting at $44.14, let’s see where the experts think it’s heading.</p>\n<ul>\n <li>The analysts at <i>CNN Business</i>have Lucid undergoing fairly steady, moderate growth through the next year. They set a 12-month price target of $57, for a roughly 29% increase from its current value.</li>\n <li><i>Wallet Investor</i> is a bit more bullish on Lucid. Citing technical analysis, it has a one-year forecast of $74.15 and a five-year forecast of $155.50.</li>\n <li><i>Gov Capital</i> has even higher expectations for MotorTrend’s 2022 Car of the Year company. It sees LCID stock hitting $137.85 within a year and $905.65 after five years.</li>\n</ul>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Lucid Motors Price Predictions: What Does SEC Probe Mean for LCID Stock?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLucid Motors Price Predictions: What Does SEC Probe Mean for LCID Stock?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-07 10:08 GMT+8 <a href=https://investorplace.com/2021/12/lucid-motors-price-predictions-what-does-sec-probe-mean-for-lcid-stock/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Electric vehicle (EV) wonder Lucid Motors(NASDAQ:LCID) is tumbling today after news broke of a subpoena from the U.S. Securities and Exchange Commission (SEC). Lucid Motors price predictions are a hot...</p>\n\n<a href=\"https://investorplace.com/2021/12/lucid-motors-price-predictions-what-does-sec-probe-mean-for-lcid-stock/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LCID":"Lucid Group Inc"},"source_url":"https://investorplace.com/2021/12/lucid-motors-price-predictions-what-does-sec-probe-mean-for-lcid-stock/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1198161406","content_text":"Electric vehicle (EV) wonder Lucid Motors(NASDAQ:LCID) is tumbling today after news broke of a subpoena from the U.S. Securities and Exchange Commission (SEC). Lucid Motors price predictions are a hot commodity today in the wake of the foreboding news. Consequently, LCID stock is down nearly 8% on the day so far.\nThe investigation seems to be pointed at Lucid’s special purpose acquisition company (SPAC) merger that brought Lucid public this past July. It’s currently unclear what specifically the SEC is probing, but the announcement has cast a mysterious shadow over SPACs everywhere as investors wait to hear more.\nAs a recap, Lucid announced it would be going public via SPAC merger with blank-check company Churchill Capital Corp. IV in February. The announcement was fortuitous for Churchill shares. The soon-to-be LCID stock saw a more than a 500% increase in a matter of weeks on the news.\nSPAC mergers are the new hot ticket in the world of initial public offerings (IPOs). This season saw a record level of SPAC IPOs. This recent SEC investigation puts worrisome pressure on many SPACs with fears that the party may be over.\nEVs in general are having a mixed day today. Lucid and Tesla(NASDAQ:TSLA) are down 4% and 0.8%, respectively, while Volta(NYSE:VLTA),Rivian(NASDAQ:RIVN) and Nikola(NASDAQ:NKLA) are enjoying fairly sizable upticks.\nFollowing the investigation news, all eyes are on Lucid. Will its historically high price targets hold up under the investigation?\nLucid Motors Price Predictions: Will the Investigation Slow Down Lucid’s Hype Train?\nWith Lucid currently sitting at $44.14, let’s see where the experts think it’s heading.\n\nThe analysts at CNN Businesshave Lucid undergoing fairly steady, moderate growth through the next year. They set a 12-month price target of $57, for a roughly 29% increase from its current value.\nWallet Investor is a bit more bullish on Lucid. Citing technical analysis, it has a one-year forecast of $74.15 and a five-year forecast of $155.50.\nGov Capital has even higher expectations for MotorTrend’s 2022 Car of the Year company. It sees LCID stock hitting $137.85 within a year and $905.65 after five years.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1251,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"CN","currentLanguage":"CN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":7,"xxTargetLangEnum":"ZH_CN"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/606160185"}
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