Lucid Group stock has crashed amid bankruptcy fears: Is it safe to buy the dip?

Lucid (LCID) is attempting a rebound on July 15 after shares plunged more than 40% in the prior session. The stock is up about 2% in premarket trading to $4.73, pulling back only modestly from its weekly low, suggesting caution remains despite the bounce.

Analysis

Lucid (LCID) is attempting a rebound on July 15 after shares plunged more than 40% in the prior session. The stock is up about 2% in premarket trading to $4.73, pulling back only modestly from its weekly low, suggesting caution remains despite the bounce.