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CCIV stock is down 43% in early trading Tuesday following the official announcement of a merger with Lucid. Even at $35, Lucid still is valued at roughly $52 billion, after it raised capital at a weighted valuation below $15 billion. The story still can work long-term, but CCIV lo...
Lucid Motors to Go Public in Merger with Churchill Capital Corp IV, Bolstering Lucid's Vision to Redefine Luxury, Performance and Efficiency in the Sustainable Electric Vehicle Market - Lucid's mission is to inspire the adoption of sustainable transportation by creating the most...
Shares of much-discussed blank check company Churchill Capital IV (NYSE: CCIV) jumped Monday morning after Bloomberg reported over the weekend that the anticipated merger with luxury electric vehicle (EV) maker Lucid Motors could happen tomorrow. Shares traded up almost 20% at t...
SPAC Churchill Capital IV (CCIV) is "very close" to a deal with Lucid Motors, CNBC's David Faber said after Bloomberg had a a similar report over the weekend.The PIPE is being negotiated, Faber said.CCIV shares gained 17%.Earlier, Churchill Capital IV soars on confidence in SPAC deal with Luc...
Bloomberg adding to confidence CCIV Lucid Motors merger is in the works. Bloomberg says merger could be done by Tuesday at $15 billion valuation but could still fall apart. I estimate there's 60%-80% probability of CCIV and Lucid closing the deal this week. For further detai...
I took a look at three stocks to avoid last week, predicting that Blink Charging (NASDAQ: BLNK) , Cedar Fair (NYSE: FUN) , and Sundial Growers (NASDAQ: SNDL) . The three stocks averaged a 9.7% decline for the week. The S&P 500 's 0.7% dip was consider...
ReTo Eco-Solutions (RETO) +132%.ATIF Holdings Limited (ATIF) +70% on establishing SPAC department to plan establishment of SPAC.Xcel Brands (XELB) +52%.Celsion Corporation (CLSN) +48% after receiving FDA fast track designation for GEN-1.Can-Fite BioPharma (CANF) +28% on p...
Churchill Capital Corp IV (CCIV) rallies in early trading after Reuters reported over the weekend that a SPAC deal announcement with Lucid Motors (LUCIDM) could arrive as early as tomorrow. The buzz over Lucid is partially over its upcoming electric vehicle, which is projected to have a max r...
The company has been rumored to be taking Lucid Motors public for some time, but there have been few material changes to this narrative over the past month. The upside of investing in Churchill at this point seems likely to be capped at around 20%, with downside growing as shares cont...
Lucid Motors (LUCIDM) is close to striking a deal to go public through a merger with blank-check company Churchill Capital IV (CCIV), sources tell Bloomberg.The new report builds on a Reuters article from February 16, but with a valuation level cited at up to $15B vs. the $12B cited just a fe...
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Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This report optimizes tradi...
Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This report optimizes tradi...
Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This report optimizes tradi...