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Stock Falls Amid Surging Treasury Yields: What's Going On?
benzinga.com/trading-ideas/movers/25/05/45552779/lucid-group-lcid-stock-falls-amid-surging-treasury-yields-whats-going-on
Shares of Lucid Group Inc (NASDAQ:LCID), a U.S. electric vehicle maker, fell 7% to $2.75 on Wednesday afternoon, as rising long-term Treasury yields shook investor confidence in high-growth companies.
What To Know: Lucid, like many speculative growth stocks, is sensitive to interest rate…
This story appeared on benzinga.com, 2025-05-21 20:21:25.