Advertisement

Lucid Gets Subpoenaed, but These Stocks Are the Ones That Have Really Gotten Hammered

Lucid Gets Subpoenaed, but These Stocks Are the Ones That Have Really Gotten Hammered

The stock market looked poised to continue its volatile performance on Monday morning. As of 8:30 a.m. ET, futures contracts on the Nasdaq Composite (NASDAQINDEX: ^IXIC) were down 37 points to 15,681, even as other indexes signaled a possible up opening. Electric vehicle (EV) stocks have gotten a lot of attention in recent months, so it's not surprising that most of the premarket news centers on Lucid Group (NASDAQ: LCID) and the fact that it recently received a subpoena from the U.S. Securities and Exchange Commission.