Lucid Group Inc is trading at $5.43 (down 4.3%) as investors sell growth names following stronger-than-expected U.S. jobs data that lowered hopes for near-term Fed rate cuts.
- The Nasdaq Composite is down sharply as risk-off sentiment pressures high-valuation technology and EV stocks.
- The downward move appears driven by broader macro and sector weakness rather than any new, company-specific developments.