Lucid Group (LCID) Stock Keeps on Performing

Advertisements

The LCID stock price fluctuated between $26.01 and $28.39 throughout the trading session with the volume trading being 121M shares, which represented a positive variation when compared to the three months average volume of 22M shares.

The share price of Lucid Group, Inc. (NasdaqGS:LCID) ran up 7.09% to close Wednesday’s market session at $26.28, higher as compared to yesterday’s close.

The 52-week high for the Lucid Group, Inc.’s shares is $64.86. That puts it -59.48% from that peak but still massive gain since the share price dropped to a 52-week low of $9.60, while the S&P 500’s share price change was of 33%.

What does the trading volume tell us about the LCID stock?

During the last trading session, Lucid Group, Inc. (NasdaqGS:LCID) has seen decay in its daily volume. The daily volume was of 22M, while in the last 10 days the average was 59.74M and last three months – 22.22M.