fxstreet.com 05 Feb, 2021 10:15 am

Churchill Capital Corp IV (CCIV Stock) Price and News

Churchill Capital Corp IV (CCIV Stock) Price and News
Update February 4, GMT 19:30: While investors await an announcement on an illusive merger deal, CCIV bulls had taken the price to fresh highs on Wall

Some are awaiting news to come out early next week, perhaps on "Merger Monday" as some Wall Street insiders call such events.More: Best Stocks to Buy Forecast 2021: Vaccines and zero rates to broaden recovery Update February 4, GMT 19:30 : While investors await an announcement on an illusive merger deal, CCIV bulls had taken the price to fresh highs on Wall Street.CCIV investors were left disappointed on Wednesday as the Wall Street Journal had dashed hopes of a quick merger with Lucid Motors.The catalyst for the drop in price was a Wall Street Journal report that the highly anticipated merger between Churchill Capital and upstart electric vehicle maker Lucid Motors is not at all imminent.

Investors are still awaiting news about a potential SPAC merger with Lucid Motors.NYSE:CCIV has finally slowed down after being one of the most popular SPAC targets for investors looking to get in on the ground floor of the up and coming Lucid Motors.

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