CCIV News and Press, Lucid Group Inc Com From 03/02/21

Luxury electric vehicle maker Lucid Motors has attracted a lot of interest from investors recently. The company recently announced plans to go public through a reverse merger with Churchill Capital Corp IV (NYSE: CCIV) , a special purpose acquisition company (SPAC). You can read a f...

Global electric car sales for Jan. 2021 up 112% YoY reaching 5% share. Europe sales up 50% YoY reaching 14% share, China sales rose 223% YoY reaching 8.4% share. EV market news - Bloomberg forecasts that "EV Investment growth to exceed renewable energy investments." President Biden is...

Merger activity increased last week. Six multi-billion-dollar deals announced. SPAC frenzy hits a new record. For further details see: Merger Arbitrage Mondays: SPAC IPOs Set A New Record

Global Water Resources has advanced sharply since November, and is up 50% recently. This raises some valuation concerns. However, I remain bullish despite the higher share price. The company relies on M&A extensively, and thus the higher share price has created a positive ...

We recently wrote about options myths and a different way of trading. In this article, we break down myths around covered calls. These myths generally teach: (i) be out of the money; (ii) guess that the stock won't move much; and (iii) suffer losses if you're wrong. We explain...

The SPAC frenzy that has swept the market may be abruptly coming to an end, potentially in the next few weeks, according a hedge fund manager.With the IPOX SPAC index down more than 13% over the past week, the signs of trouble in SPACland appear to be rising."If this continues for another wee...

SPACs have been off to a great start this year with 176 IPOs and over $83 billion raised year-to-date. 2021s pace is blistering with an average of 3.2 SPAC IPOs per day. At this rate, SPAC IPOs could exceed 2020 numbers by March 19th. For further details see: PropTech SP...

Stock markets sold off this week as the yield on U.S. 10-year Treasurys briefly rose past 1.6%. Most of the damage came on Thursday, when the Nasdaq posting its biggest one-day loss in four months. Besides tech, cryptocurrencies (and crypto-proxy stocks) were the big losers. More on that belo...

Switchback Energy Acquisition Corp. (SBE) tanked as much as 14% Friday after shareholders approved the SPAC’s plan to acquire electric-vehicle charging network ChargePoint at a $2.4B valuation.SBE traded as low as $28.28 a share on the New York Stock Exchange on the news. The...

Auto-related SPAC Kensington Capital Acquisition Corp. II (KCACU) is set to begin trading Friday after raising $200M through an IPO just months after Kensington Capital Acquisition Corp. I bought electric-vehicle battery maker QuantumScape (QS) at a $3.3B valuation.KCACU sold 20M investing un...