{"id":18955,"date":"2025-07-23T21:46:14","date_gmt":"2025-07-23T21:46:14","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/18955\/"},"modified":"2025-07-23T21:46:14","modified_gmt":"2025-07-23T21:46:14","slug":"lucid-is-down-in-late-trading-is-the-stock-a-buy-right-now","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/18955\/","title":{"rendered":"Lucid Is Down in Late Trading &#8212; Is the Stock a Buy Right Now?"},"content":{"rendered":"<p>Key Points<\/p>\n<p>Lucid stock initially surged in today&#8217;s trading following news about its participation in a new domestic mineral-sourcing partnership.<\/p>\n<p>Investors are taking profit on Lucid on the heels of big gains driven by new partnerships.<\/p>\n<p>Lucid stock is still a high-risk, high-reward play, but the company&#8217;s recent partnership wins have the potential to be powerful catalysts.<\/p>\n<p>Lucid(NASDAQ: LCID) stock has seen substantial volatility Wednesday, but it&#8217;s swung to the red in late trading. The company&#8217;s share price was down roughly 2% as of 3:15 p.m. ET, but it had been up as much as 5.8% earlier in the day.<\/p>\n<p>Lucid stock saw gains early in today&#8217;s session after the company announced that it had signed on to a new mineral-sourcing initiative. The company published a press release today detailing its collaboration with mineral producers Alaska Energy Metals, Graphite One, Electric Metals, and RecycLiCo for the production of minerals useful to the electric vehicle (<a href=\"https:\/\/www.fool.com\/investing\/stock-market\/market-sectors\/consumer-discretionary\/automotive-stocks\/electric-car-stocks\/?utm_source=globeandmail&amp;utm_medium=feed&amp;utm_campaign=article&amp;referring_guid=091aca6d-907f-4102-bd25-e4bbd9656860\" target=\"_blank\" rel=\"noopener nofollow\">EV<\/a>) industry.<\/p>\n<p>Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. <a href=\"https:\/\/api.fool.com\/infotron\/infotrack\/click?apikey=35527423-a535-4519-a07f-20014582e03e&amp;impression=6c466b7d-a1c4-4f88-9255-72639d0933ee&amp;url=https%3A%2F%2Fwww.fool.com%2Fmms%2Fmark%2Fe-sa-bbn-bn%3Faid%3D8867%26source%3Disaeditxt0001026%26ftm_cam%3Dsa-bbn-evergreen%26ftm_veh%3Dtop_incontent_pitch_feed_partner%26ftm_pit%3D17174&amp;utm_source=globeandmail&amp;utm_medium=feed&amp;utm_campaign=article&amp;referring_guid=091aca6d-907f-4102-bd25-e4bbd9656860\" rel=\"noopener nofollow\" target=\"_blank\">Learn More \u00bb<\/a><\/p>\n<p><img decoding=\"async\" fetchpriority=\"high\" alt=\"A stock chart line and a question mark.\" src=\"https:\/\/barchart-news-media-prod.aws.barchart.com\/FC\/ceb97eec820096f6f8eb6d9127788ab1\/%3Furl%3Dhttps%253a%252f%252fg.foolcdn.com%252feditorial%252fimages%252f826298%252fgettyimages-1344293307.jpg%26amp%3Bw%3D700\"\/><\/p>\n<p class=\"caption\">Image source: Getty Images.<\/p>\n<p>Despite the seemingly positive development, Lucid&#8217;s gains receded and the stock has now seen a modest pullback as I write this. Investors may be moving to take profits on recent gains for the company&#8217;s share price, and it&#8217;s also possible that some shareholders are concerned about Lucid devoting substantial cash to support mineral-sourcing projects when the company still seems to be far away from profitability.<\/p>\n<p>Is Lucid stock a buy right now?<\/p>\n<p>While Lucid stock has seen some significant volatility today, its participation in mineral-sourcing initiatives looks like a smart move from a long-term perspective. Rising geopolitical tensions between the U.S. and China raise significant questions about whether domestic companies can rely on access to the Chinese mineral market for key components.<\/p>\n<p>Today&#8217;s mineral news doesn&#8217;t seem to be a bearish indicator for Lucid, but the company&#8217;s recent valuation gains still mean that investors should keep their personal risk-tolerance in mind when assessing the stock. The company&#8217;s share price has surged following news of its robotaxi partnership with Uber and news that its Air vehicles will soon become compatible with Tesla&#8217;s SuperCharger EV charging network. Recent partnerships have made Lucid a more attractive proposition for risk-tolerant investors, but it&#8217;s still a speculative play.<\/p>\n<p>Should you invest $1,000 in Lucid Group right now?<\/p>\n<p>Before you buy stock in Lucid Group, consider this:<\/p>\n<p>The Motley Fool Stock Advisor analyst team just identified what they believe are the <a href=\"https:\/\/api.fool.com\/infotron\/infotrack\/click?apikey=35527423-a535-4519-a07f-20014582e03e&amp;impression=7f2ac2f5-43be-439c-9c22-7731d8434866&amp;url=https%3A%2F%2Fwww.fool.com%2Fmms%2Fmark%2Fe-sa-bbn-bn%3Faid%3D8867%26source%3Disaeditxt0001093%26ftm_cam%3Dsa-bbn-evergreen%26ftm_veh%3Darticle_pitch_feed_partners%26ftm_pit%3D17514&amp;utm_source=globeandmail&amp;utm_medium=feed&amp;utm_campaign=article&amp;referring_guid=091aca6d-907f-4102-bd25-e4bbd9656860\" rel=\"noopener nofollow\" target=\"_blank\">10 best stocks<\/a> for investors to buy now\u2026 and Lucid Group wasn\u2019t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.<\/p>\n<p>Consider when Netflix made this list on December 17, 2004&#8230; if you invested $1,000 at the time of our recommendation, you\u2019d have $641,800!* Or when Nvidia made this list on April 15, 2005&#8230; if you invested $1,000 at the time of our recommendation, you\u2019d have $1,023,813!*<\/p>\n<p>Now, it\u2019s worth noting Stock Advisor\u2019s total average return is 1,034% \u2014 a market-crushing outperformance compared to 180% for the S&amp;P 500. Don\u2019t miss out on the latest top 10 list, available when you join Stock Advisor.<\/p>\n<p><a class=\"ticker_pitch\" href=\"https:\/\/api.fool.com\/infotron\/infotrack\/click?apikey=35527423-a535-4519-a07f-20014582e03e&amp;impression=7f2ac2f5-43be-439c-9c22-7731d8434866&amp;url=https%3A%2F%2Fwww.fool.com%2Fmms%2Fmark%2Fe-sa-bbn-bn%3Faid%3D8867%26source%3Disaeditxt0001093%26ftm_cam%3Dsa-bbn-evergreen%26ftm_pit%3D17514%26ftm_veh%3Darticle_pitch_feed_partners%26company%3DLucid%2520Group&amp;utm_source=globeandmail&amp;utm_medium=feed&amp;utm_campaign=article&amp;referring_guid=091aca6d-907f-4102-bd25-e4bbd9656860\" rel=\"noopener nofollow\" target=\"_blank\">See the 10 stocks \u00bb<\/a><\/p>\n<p>*Stock Advisor returns as of July 21, 2025<\/p>\n<p><a href=\"https:\/\/www.fool.com\/author\/6956\/\" target=\"_blank\" rel=\"noopener nofollow\">Keith Noonan<\/a> has positions in Uber Technologies. The Motley Fool has positions in and recommends Tesla and Uber Technologies. The Motley Fool has a <a href=\"https:\/\/www.fool.com\/legal\/fool-disclosure-policy\/\" target=\"_blank\" rel=\"noopener nofollow\">disclosure policy<\/a>.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" width=\"1\" height=\"1\" style=\"display:none;\" referrerpolicy=\"unsafe-url\" src=\"https:\/\/barchart-news-media-prod.aws.barchart.com\/FC\/ceb97eec820096f6f8eb6d9127788ab1\/pixel%3Fslug%3Dmotleyfoolgm-2025-7-23-lucid-is-down-in-late-trading-is-the-stock-a-buy-right-now\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"Key Points Lucid stock initially surged in today&#8217;s trading following news about its participation in a new domestic&hellip;\n","protected":false},"author":2,"featured_media":18956,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[45,49,48,2640,2637,2636,2639,2638,2641,100,7161,1837,16209],"class_list":["post-18955","post","type-post","status-publish","format-standard","has-post-thumbnail","category-markets","tag-business","tag-ca","tag-canada","tag-futures","tag-index-market-quote","tag-index-market-quotes","tag-index-market-symbol","tag-index-market-symbols","tag-indices","tag-markets","tag-tesla-inc","tag-the-globe-and-mail","tag-tsla"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/18955","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=18955"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/18955\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/18956"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=18955"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=18955"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=18955"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}