On this episode of Stock Movers:
- Lucid (LCID) shares jump after news that it's teaming up with Uber and Nuro to launch a robotaxi fleet, with plans to deploy at least 20,000 robotaxis over six years.
- Starbucks (SBUX) shares fall as Jeffries cut the recommendation on the chain of coffee shops to underperform from hold. Jeffries wrote that “the stock has surpassed reasonable expectations for improving fundamentals” and the valuation is “unwarranted.”
- Steve Madden (SHOO) shares rise after Citi upgraded the stock to buy from neutral, saying the footwear maker’s margins are bottoming as fashion trends turn more favorable.

On this episode of Stock Movers: - Lucid (LCID) shares jump after news that it's teaming up with Uber and Nuro to launch a robotaxi fleet, with plans to deploy at least 20,000 robotaxis over six years. - Starbucks (SBUX) shares fall as Jeffries cut the recommendation on the chain of coffee shops to underperform from hold. Jeffries wrote that &ldquo;the stock has surpassed reasonable expectations for improving fundamentals&rdquo; and the valuation is &ldquo;unwarranted.&rdquo; - Steve Madden (SHOO) shares rise after Citi upgraded the stock to buy from neutral, saying the footwear maker&rsquo;s margins are bottoming as fashion trends turn more favorable.

Listen for five-minute conversations on today's biggest winners and losers in the stock market. Subscribe for analysis on the companies making news on Wall Street.

Listen for five-minute conversations on today's biggest winners and losers in the stock market. Subscribe for analysis on the companies making news on Wall Street.

Listen for news on today's biggest winners and losers in the stock market.

Stock Movers

Lucid Jumps, Starbucks Falls, Steve Madden Rises After Citi Upgrade

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/4772435b-8369-4c79-8dd1-b31d00ebf2c1/transcript

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