Lucid is looking for a new CEO. Why that may be a good thing. - MarketWatch
1. Lucid's stock fell 17% after CEO Rawlinson's exit announcement. 2. Morgan Stanley upgraded Lucid to hold, viewing leadership change as a potential opportunity. 3. Analyst notes Lucid's strong ties to Saudi Arabia may offer strategic advantages. 4. Lucid stock underperformed S&P 500 in the past year, down 20% versus 11% gain. 5. Succession plan involves COO Winterhoff as interim CEO, with Rawlinson as adviser.