U.S. markets closed
  • S&P 500

    4,326.51
    -23.42 (-0.54%)
     
  • Dow 30

    34,160.78
    -7.31 (-0.02%)
     
  • Nasdaq

    13,352.78
    -189.34 (-1.40%)
     
  • Russell 2000

    1,931.29
    -45.18 (-2.29%)
     
  • Crude Oil

    87.46
    +0.85 (+0.98%)
     
  • Gold

    1,796.50
    +3.40 (+0.19%)
     
  • Silver

    22.78
    +0.10 (+0.46%)
     
  • EUR/USD

    1.1150
    -0.0095 (-0.85%)
     
  • 10-Yr Bond

    1.8070
    -0.0410 (-2.22%)
     
  • GBP/USD

    1.3383
    -0.0080 (-0.59%)
     
  • USD/JPY

    115.3800
    +0.7200 (+0.63%)
     
  • BTC-USD

    36,860.55
    +106.22 (+0.29%)
     
  • CMC Crypto 200

    813.93
    -5.57 (-0.68%)
     
  • FTSE 100

    7,554.31
    +84.53 (+1.13%)
     
  • Nikkei 225

    26,170.30
    -841.03 (-3.11%)
     

Does the Tech Sell-Off Affect EV Stocks Like Lucid and Nio?

·5 min read
Does the Tech Sell-Off Affect EV Stocks Like Lucid and Nio?
In this article:
  • Oops!
    Something went wrong.
    Please try again later.
  • NIO

Look closer, however, and it's clear that the prices of many smaller growth stocks, and even some top-tier companies, are hovering around 52-week lows. Investors that follow the electric vehicle (EV) industry are probably wondering if the tech sell-off affects growth companies like Lucid Group (NASDAQ: LCID) and Nio (NYSE: NIO). Daniel Foelber (Lucid): It seems like a distant memory now, but it was only in August and September when share prices of Lucid were struggling to stay above $20 a share as early investors cashed out.