CCIV - Why Is Churchill Capital Stock Up In The First Half Of 2021 And Where Is It Headed?
- Trading has been volatile, but CCIV stock still sits 128% above its redemption price as investors cheer the pending merger with Lucid Motors.
- A pullback to $23 makes the stock more interesting, and it's hard not to be at least a little intrigued by Lucid's potential.
- Still, pro forma valuations still look high based on the limited data available.
- Churchill Capital stock remains in the eye of the beholder; from here, another dip might be enough to take a high-risk swing.
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Why Is Churchill Capital Stock Up In The First Half Of 2021 And Where Is It Headed?