Not Even a New Bull Market Can Save LCID Stock

After another year of poor performance, Lucid Group (NASDAQ: LCID ) investors are perhaps looking to 2024 as the year LCID stock finally embarks on a comeback. There are many ingredients in place to fuel a further rally for speculative growth stocks , including EV stocks . So, with this in mind, will Lucid benefit from the rising tide of a new bull market? Not so fast. Although improvements to the macro picture may help to send the market further into “risk on” mode over the next twelve months, a 2024 bull market may differ from the runaway bull market experienced during the pandemic era, especially with vehicle electrification…