Lucid Group Inc LCID shares are trading higher by 10.22% to $7.92 Wednesday amid overall market strength as stocks rise ahead of tomorrow's CPI report.
What's Going On In The Broader Market?
The market is anticipating a critical consumer price index (CPI) inflation reading coming on Thursday morning.
Economists are expecting the U.S. Labor Department to report 6.5% CPI inflation in December, down from 7.1% in November and a peak of 9.1% in June. Economists are also projecting that core CPI inflation, which excludes volatile energy and food prices, gained 5.7% in December versus 6% in the previous month...Read More
According to data from Benzinga Pro, LCID has a 52-week high of $47.59 and a 52-week low of $6.09.
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