Lucid Group, Inc. (NASDAQ: LCID) saw a 1.2% decline in its share price, closing at $2.15, amid a 61% drop in trading volume. Analyst sentiment has turned bearish, with several firms downgrading the stock and lowering price targets. Despite a slight rebound, Lucid’s stock faces challenges, as its trading prices fall below key moving averages. Institutional investors exhibited mixed actions, with significant increases in holdings by some, while others signaled caution. As competition in the electric vehicle market intensifies, Lucid’s future remains uncertain, making it a stock to watch closely.