Lucid Jumps 7%, Rivian Edges Higher: Is the EV Selloff Finally Exhausted?
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The post Lucid Jumps 7%, Rivian Edges Higher: Is the EV Selloff Finally Exhausted? appeared first on 24/7 Wall St..
Electric vehicle names are catching a small bid at midday Thursday, but the move is confined to the most beaten-down corners of the group, with the Global X Autonomous & Electric Vehicles ETF (NASDAQ:DRIV) up 1% to $34.77. Meanwhile, the SPDR S&P 500 ETF Trust (NYSEARCA:SPY) is up 0.75% to $771.85. The autonomous and electric vehicles fund’s modest gain is the key tel
Electric vehicle names are catching a small bid at midday Thursday, but the move is confined to the most beaten-down corners of the group, with the Global X Autonomous & Electric Vehicles ETF (NASDAQ:DRIV) up 1% to $34.77. Meanwhile, the SPDR S&P 500 ETF Trust (NYSEARCA:SPY) is up 0.75% to $771.85. The autonomous and electric vehicles fund’s modest gain is the key tel
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