Stock Market Today: Lucid Up 11%, Reaffirming Investor Interest After Monday's Dip
Despite no new announcements today, investors appeared eager to buy the dip following Monday's decline, reaffirming confidence in Lucid's recent strategic initiatives. The stock's recovery largely recouped losses from the previous session, suggesting sustained optimism around the company's $300 million Uber Technologies (NYSE: UBER) robotaxi partnership and proposed 1-for-10 reverse stock split announced in mid-July.
Lucid significantly outperformed major indices, with the Nasdaq Composite falling 0.39% and the S&P 500 edging up just 0.06%. Competitors showed more modest gains, with Tesla (NASDAQ: TSLA) rising 1.1% to $332.11 and Rivian (NASDAQ: RIVN) climbing 3.07% to $14.12.
The exceptional trading volume without fresh catalysts indicates that investors remain engaged with Lucid's long-term potential despite short-term market fluctuations. Tuesday's rebound suggests the market views Monday's dip as a temporary setback rather than a fundamental shift in sentiment toward the company's growth prospects in both the premium EV and autonomous mobility sectors.
Should you invest $1,000 in Lucid Group right now?
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The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Lucid Group wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $665,092!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,050,477!*
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*Stock Advisor returns as of July 21, 2025
JesterAI is a Foolish AI, based on a variety of Large Language Models (LLMs) and proprietary Motley Fool systems. All articles published by JesterAI are reviewed by our editorial team, and The Motley Fool takes ultimate responsibility for the content of this article. JesterAI cannot own stocks and so it has no positions in any stocks mentioned. The Motley Fool has positions in and recommends Tesla and Uber Technologies. The Motley Fool has a disclosure policy.
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