Needham analyst Vikram Bagri initiates coverage on Lucid Gr (NASDAQ:LCID) with a Underperform rating.
US Stocks End Sharply Higher, Market Volatility Increases
US stocks closed sharply higher on Wednesday, with the S&P 500 and Nasdaq adding over 1% each.
Data on US consumer prices will be released today, with analysts expecting US consumer prices increasing 6.5% year-over-year in December, compared to 7.1% rise in the prior month.