🔴 Lucid Group is trading 7.7% down today as tech shares face AI financing concerns

Lucid Group is trading at $3.23, down -7.71%, as technology shares face pressure amid concerns about AI financing risks.

• The Nasdaq Composite is down 1.35%, and the S&P 500 is down 0.61%.
• On October 15, Morgan Stanley cut its price target to $3 from $5 while maintaining an Underweight rating. Available coverage does not establish that this action directly caused the October 16 drop.
• No reliable live volume data was provided.