Byddf stock price at $27

BYDDF stock price at $27.36 is well within the upward channel formed since May While Lucid may be perceived as a risky investment due to its current loss, Lucid’s price-to-sales ratio of 8.32x is at a cyclical discount of nearly 98%, suggesting relative value is in store. Moreover, I anticipate that solid product execution and long-term cost-cutting initiatives will drive LCID stock into net undervalued territory. That followed a 41% jump in the value of the position during that year's second quarter to $9 billion. This reflects fundamental strength in battery innovation that could drive mid-term valuation upgrades.