Lucid Group (LCID) Surges 13.7% After an Early-Session Dip
As seen on the 24/7 Wall St. homepage on July 17, 2026.
Lucid Group surged as traders pounced on the EV maker after its early-session dip.
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Lucid Group shares opened the session at $6.37 before selling pressure dragged the stock down into the low $6 range during the early going. That dip proved short-lived, as traders stepped in to buy the weakness and pushed LCID back above $7, with the stock ultimately settling around $7.24 — a gain of roughly 13.7% on the day during regular trading hours.
The intraday chart tells a classic dip-and-rip story. Shares slid from the open, touching their lows around the $6.07 area before reversing sharply and grinding steadily higher through the remainder of the session. The recovery was not a straight line, but the overall direction after the morning trough was consistently upward, suggesting buyers absorbed the early selling with conviction.
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For an EV maker like Lucid, single-session swings of this magnitude are not unusual given the stock's relatively low price and the speculative interest that tends to surround the sector. Investors will be watching whether the stock can hold above the day's open of $6.37 in the sessions ahead, or whether today's bounce fades back into the recent range.
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Mentioned: LCID