The Rankings Recreation: Lucid’s inventory catches a downgrade as Needham frets about demand

Needham analyst Chris Pierce is “fairly enthusiastic” about Lucid Group Inc.’s not too long ago teased Gravity sport utility car, however he isn’t certain that pleasure will translate to inventory good points.

Pierce downgraded Lucid shares LCID to carry from purchase Monday, writing that he doesn’t have sufficient confidence within the near-term demand for the electric-vehicle firm’s choices.

Manufacturing…

Grasp your cash.

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