CCIV - Churchill Capital SPAC (CCIV) falls on report Lucid deal not imminent

Churchill Capital IV (CCIV) dropped 5% on WSJ report that talks between the SPAC and Lucid Motors are continuing, though a deal isn't imminent.The WSJ cites people familiar on the deal talks.Recall Jan. 25, Churchill Capital (CCIV) shares pare gains amid speculation on Lucid deal delay.Recall Jan. 19, Churchill Capital won't say if Lucid Motors SPAC deal is in the works.Recall Jan. 11, Electric vehicle buzz: Lucid Motors and Churchill Capital in talks over SPAC deal.

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Churchill Capital SPAC (CCIV) falls on report Lucid deal not imminent