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Lucid stock skyrockets on multimillion dollar Uber robotaxi deal
Lucid (LCID) stock skyrockets higher on news of a deal with Uber (UBER), in collaboration with self-driving start-up Nuro (NURO.PVT), as part of the push into robotaxis. Yahoo Finance Senior Reporter Pras Subramanian joins Market Domination to break down what investors need to know and what the deal signals about the autonomous driving space.
Analysts have set 12-month price targets for Lucid Group, revealing an average target of $3.0, a high estimate of $5.00, and a low estimate of $1.00.
That's more than double where it closed on Jan. 10, the day before Bloomberg first reported that the special purpose acquisition company (SPAC) was in talks to take Lucid public in a deal that ...
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