Get the hotte This includes the 15% over-allotment for underwriters. In fact, so rapid was its growth that, last Friday, it triggered a circuit breaker to halt trading, before resuming later in the day and rising a further 9%. Churchill Capital Corp. VII operates as a blank check company. With or without Lucid, CCIV stock remains a good buy. Something clearly went badly wrong with the SPAC model in the case of CCIV and Lucid. Churchill Capital Corp IV NYSE: CCIV $17.80 down $0.80 (-4.30%) TSLA. Churchill Capital IV fell as much as 48% on Tuesday after Lucid Motors struck a deal to go public via the SPAC. In that particular session, Stock kicked-off at the price of $22.98 while reaching the peak value of $23.34 and lowest value recorded on the day was $22.76. Here's why.More From InvestorPlace Why Everyone Is … L ast week, U.S.-based SPAC (special purpose acquisition company), Churchill Capital Corp IV (NYSE: CCIV), saw its stock price jump more than 80% in just a week. View the latest Churchill Capital Corp. IV Un (CCIV) stock price, news, historical charts, analyst ratings and financial information from WSJ. At the end of the latest market close, Churchill Capital Corp IV (CCIV) was valued at $22.97. Churchill Capital Corp IV is rumored to be merging with Lucid. The company is listed on the New York Stock Exchange (NYSE:CCXX.U). In February 2020, Churchill Capital Corp III, our third SPAC, completed its $1.1 billion IPO. One of the big stories in SPACs right now is Churchill Capital Corp IV, or CCIV (NYSE: CCIV), the shares of which spiked to astronomical valuation, yet have since plunged nearly 60% following its merger with Lucid Motors just two weeks ago. Tesla, Inc. NASDAQ: TSLA $589.89 down $-27.31 (-4.42%) NIO. The stock current value is $22.58. Churchill Capital Corp. IV sold 207 million units on July 30, 2020, at the traditional $10 per share offering price. Churchill Capital Corp VII, the seventh blank check company founded by dealmaker and former Citi executive Michael Klein, raised the proposed … Churchill Capital Corp IV was formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. A Lucid Look At The SPAC Craziness: Churchill Capital Corp IV Deep Dive Feb. 09, 2021 9:00 AM ET Churchill Capital Corp IV (CCIV) , CCIV.U CCX MPLN 186 Comments 40 Likes Andrew Walker About Churchill Capital Corp IV.

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