5 Market-Moving Stocks to Watch Today

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1. Lucid Group, Inc. (NASDAQ:LCID) has surged 12.9% as of 12:20 PM ET after the electric vehicle manufacturer announced that the company would establish an overseas factory in Saudi Arabia. Lucid Group, Inc. (NASDAQ:LCID) revealed that the manufacturing plant would have a production capacity of 155,000 units a year. The vehicles would initially be produced for the local market and eventually be exported to other locations.

Overall, 14 hedge funds held a stake in Lucid Group, Inc. (NASDAQ:LCID) at the end of Q4 2021.

You can also take a peek at the 10 Best Stocks To Buy For Beginners Right Now and 10 Cryptocurrencies Millionaires Love.

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