Broadcom reported fiscal fourth-quarter earnings and revenue that topped Wall Street's targets, despite slowing smartphone sales. Read More...
Motley Fool
Why Lucid Stock Crashed Today
Lucid stock has dropped rapidly since November, and much of its fall has to do with the company’s falling reservations. In its third quarter, although Lucid produced a record number of vehicles, it reported reservations of only around 34,000 cars as of Nov. 7. Customers are clearly canceling their Lucid car orders, perhaps because of the long wait times for delivery even as competition in the industry heats up.
