Lucid Q2: The Most-Shorted Stock on Nasdaq Faces a Squeeze Test
Lucid has one of the most shorted stocks in the market. But with positive earnings, it could trigger a short squeeze.
Lucid is a stock that many investors bet against, but the company just had good earnings results. When investors who bet against a stock see it doing well, they sometimes rush to buy it back, which can push the price up quickly.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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