Get Churchill Capital IV Corp (CCIV:NYSE) real-time stock quotes, news, price and financial information from CNBC. What will the stock market do today? All rights reserved. Questioning an investing thesis -- even one of our own -- helps us all think critically about investing and make decisions that help us become smarter, happier, and richer. CCIV is making Tesla look in the rearview mirror. That's the right area of the business to target at present, as electric cars still lack the utility of traditional vehicles. Find real-time CCIV - Churchill Capital IV Corp stock quotes, company profile, news and forecasts from CNN Business. But, cashing out once the rumored deal becomes fact may be the best move. If Churchill Capital IV doesn't actually have the Lucid deal, it is not nearly worth the price shares are trading at. CCIV stock plummeted 50% on Tuesday, leaving shell-shocked investors scrambling to explain their stunning losses. Cumulative Growth of a $10,000 Investment in Stock Advisor, Is Churchill Capital Still a Buy? Or will names like Lucid Motors start to eat away at the market share that Tesla wants to control? CCIV stock is rallying again on hopes that a Lucid Motors SPAC deal will be confirmed early this week. About Churchill Capital Corp IV. Churchill Capital Corp IV is a blank check company. Churchill Capital Corp IV earnings are expected to decrease by 0% in 2021, but the outlook is negative 0% per year for the next five years. Tesla has always had a pretty heavy price tag for its shares relative to financial performance. Lucid's flagship car, the Lucid Air, is reportedly at the top of the pack in terms of performance, with a reported range of 519 miles per charge, and the ability to charge up 300 miles of range in 20 minutes. CCIV stock owners won't be happy if new investors can buy in at $10. In last trading session, Churchill Capital Corp IV (NYSE:CCIV) saw 139,000,000 shares changing hands with its beta currently measuring 0. Of course, there are a couple of problems with the buying frenzy. This has many looking at Lucid Motors as a potentially heavy competitor to Tesla. 1125 N. Charles St, Baltimore, MD 21201. All users should speak with their … Here is what you need to know to profit after a stunning turnaround in stocks. If you keep an eye on these four big stories, you can maximize your chance to profit. Rather than getting caught up in the euphoria, one has to question how many car companies can rack up valuations like Tesla. There's nothing wrong with wanting to get skin in the game on deals like this. Today, shares of Churchill Capital were up another 9% before settling back to a 4% gain as of 11:15 a.m. EST. Its market capitalization has jumped to … Prior to the Lucid Motors rumors, the story was that Churchill Capital IV had an offer for DirecTV. But we don't know for sure what the value of Lucid Motors actually is. There is also discussion now about building a factory in Saudi Arabia. More affluent people have the extra resources to buy something like a Lucid vehicle. Churchill Capital Corp IV - Class A quote is equal to 32.880 USD at 2021-02-09. 3 Big Stories to Catch Up On. Exploring Churchill Capital Corp IV (NYSE:CCIV) stock? Copyright © Nothing is riskier than getting in at the end of a trend — and SPACs have been a huge trend. With shares trading near highs, is Churchill Capital IV still worth a look? Lucid Motors also has connections, and financial support, from the Saudi Arabian sovereign wealth fund, which invested $1.3 billion a few years ago. Churchill Capital (CCIV) stock is soaring higher on Tuesday following a report that the SPAC is nearing a deal to take Lucid Motors public. Copyright © 2021 InvestorPlace Media, LLC. 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. Churchill Capital IV Corp (CCIV:NYQ) forecasts: consensus recommendations, research reports, share price forecasts, dividends, and earning history and estimates. Following its massive merger with SPAC CCIV, Lucid Motors' CEO revealed the deliveries of its Air EV have been pushed back to later in 2021. Unusual Options Activity Insight: Churchill Capital. Churchill Capital IV's shares closed trading at $52.70 on Tuesday after trading as high as $55. Churchill Capital IV SPAC raised more than $2 billion in 2020. Churchill Capital Corp IV (CCIV) projections and forecasts Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of 0%. Based on our forecasts, a long-term increase is expected, the "CCIV=" stock price prognosis for 2026-02-20 is 265.039 USD. Churchill Capital IV Stock Might Be a Buy, Even Though It Shouldn’t Be Feb. 11, 2021 at 11:10 a.m. Company’s recent per share price level of $17.36 trading at $0.64 or 3.83% at ring of the bell on the day assigns it a market valuation of $4.49 Billion. No overall rank data available for churchill capital corp iv cl a churchill capital corp iv cl a (cciv) analyst forecast. Why SPAC Stock Churchill Capital IV Crashed Today. @themotleyfool #stocks $CCIV $GM $TSLA $DKNG $NKLA, How Churchill Capital IV's Soaring Stock Led to a Better Deal for Early Investors, Why SPAC Churchill Capital IV's Stock Is Getting Crushed Today, Lucid Motors Is Going Public: A First Look at a Huge EV Deal, Why Churchill Capital IV Stock Dropped After Finally Confirming Its Merger With Lucid Motors, Lucid Motors to Go Public With Churchill Capital IV Merger, Copyright, Trademark and Patent Information. There have been several SPACs that have completed a successful acquisition and investors made money. © Market data powered by FactSet and Web Financial Group. CCIV stock is plunging after confirming a Lucid Motors SPAC merger. It’s Not a Good Time to Buy Churchill Capital, How CCIV Stock’s 50% Plunge Shows the Perils and Profits of SPAC Investing, CCIV Stock’s SPAC Circus Is Just Background Noise. CCIV Stock: 10 Things You Need to Know About the Lucid Motors SPAC Merger, With the Lucid Motors Merger Confirmed, CCIV Stock Is Your 10X Opportunity, Churchill Capital IV Stock Is a Buy Despite Recent Run-Up. In a month, Churchill Capital IV (NYSE:CCIV) stock more than tripled. CCIV stock is another speculative bet amid the SPAC mania, and its surge in price based on rumors of a merger makes it too expensive now. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. Investors may have overpaid for the chance to acquire the next Tesla. Stock Advisor launched in February of 2002. Churchill Capital IV remains the subject of an anticipated merger with Lucid Motors. All eyes will be on the PIPE deal terms if CCIV and Lucid Motors merge. The electric vehicle market is expected to touch $985.72 billion by 2027 as traditional automakers and emerging EV companies transform the automotive landscape. Following the unusual option alert, the stock price moved up to $28.84. 4 Big Stories to Watch. Although CCIV stock has been making waves in a big way, it still remains a risky proposition until a merger partner is found. View CCIV's stock price, price target, earnings, forecast, insider trades, and news at MarketBeat. While the narrative certainly seems to carry the potential of a Tesla-like rise, it also carries the risks. stock was originally listed at a price of $9.99 in Aug 3, 2020. S&P 500 3,876.50 Fundamentally, the rally seems ludicrous. There are still gains among EV stocks even when the big names are sliding. Cciv stock stocktwits (jan) everything you need to know! All rights reserved. Principally, this is not a done deal. A primary example of this is Nikola, which has seen shares collapse 67% since June of 2020. Churchill Capital Corp IV. Investors considering the SPAC should be aware of the situation at hand. Churchill Capital Corp IV is based in NY, United States. That's what everyone is interested in. Sentiment: BEARISH... How Churchill Capital IV's Soaring Stock Led to a Better Deal for Early Investors. Find the latest Churchill Capital Corp IV (CCIV) stock quote, history, news and other vital information to help you with your stock trading and investing. Does Collapse of CCIV Stock Foreshadow the End of the SPAC Craze? Luxury electric vehicle manufacturer Lucid Motors is on the fast track to expansion, so CCIV stock is worth owning even at a high valuation. CCIV Stock is incredibly overvalued, but Lucid Motors' promise could make CCIV a good play later down the line. With a 5-year investment, the revenue is expected to be around +370.21%. Churchill Capital IV stock has risen more than 300% since then. Cciv+ is up 709% over the past 12 months. Your current $100 investment may be up to $470.21 in 2026. But what does this mean for CCIV stock? Churchill Capital IV (NYSE:CCIV) has created quite a stir as shares have more than doubled in February. web design new york Churchill Capital Corp IV confirms the long-awaited … Wait for the inevitable correction before you buy. Churchill Capital Corp. IV (NYSE:CCIV) sank following announcement of its widely anticipated SPAC deal to buy hot electric-vehicle maker Lucid Motors CCIV stock may be overpriced right now, but if you believe in the EV rollout its underlying business makes sense. This is the key thing for investors to remember. What Will the Stock Market Do Today? Cciv) stock research, profile, news, analyst ratings, key statistics, fundamentals, stock price, charts, earnings, guidance and peers on benzinga. Cciv+ stock summary and trading ideas (churchill capital iv warrants each exercisable for one share of class a common at an exercise price of $11.50 per share | :cciv+). Get today's Churchill Capital IV Corp stock price and latest CCIV_u news as well as Churchill Capital IV real-time stock quotes, technical analysis, full financials and more. The appeal here isn't in Churchill Capital IV. Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. The SPAC was able to put together a balanced deal that minimized dilution, although speculative investors still got burned. Get Churchill Capital IV Corp (CCIV^:NYSE) real-time stock quotes, news, price and financial information from CNBC. Returns as of 02/26/2021. CCIV stock has several catalysts that will push it upward as Michael Klein's fourth SPAC offering comes closer to a deal with Lucid Motor. Cciv Stock Forecast Price News Churchill Capital Corp Iv from www.marketbeat.com What Did the Stock Market Do Today? Now valued at around $13.5 billion, Churchill Capital shares are worth more than six times the SPAC's $2 billion in cash. EV Stocks News: Why TSLA, NIO, LI and XPEV Are Driving Lower Today. That's not to say CCIV stock will fall back to its offering price. 1125 N. Charles St, Baltimore, MD 21201. Still, one needs to be mindful of the risk. CCIV stock has surged on a possible business combination with Lucid Motors. If you had invested in Churchill Capital Corp IV stock at $9.99, your return over the last 0 years would have been 474.27%. Controversies over the firm's actual technology, along with accusations against management, led to the company losing a deal with General Motors to build its Badger pickup truck, and reservation deposits being returned. "StockInvest.us" is a research service that provides financial data and technical analysis of publicly traded stocks. NYSE:CCIV drops by 38.63% amidst another tumultuous day on the global markets. Weil, Gotshal & Manges LLP is serving as legal counsel to Churchill. The demand is for Lucid Motors. This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium advisory service. There's a lot of enthusiasm for the electric car industry right now, and it doesn't always add up. With a 5-year investment, the revenue is expected to be around +685.18%. CCIV Stock: The Report That Has Churchill Capital Shares Roaring Today By William White, InvestorPlace Writer Feb 16, 2021 Churchill Capital (CCIV) stock … Churchill Capital IV (NYSE:CCIV) has created quite a stir as shares have more than doubled in February. Here's why, and what to know about the EV deal moving forward. EV stocks are taking a beating on Tuesday as shares of Tesla (TSLA), Nio (NIO), Li Auto (LI), and Xpeng (XPEV) continue to fall. Churchill Capital Corp IV - Units (1 Ord Share Class A & 1/5 War) quote is equal to 33.755 USD at 2021-02-24. The company's CEO, Peter Rawlinson, is a former chief engineer for Tesla. For a well balanced, thought out portfolio, these types of investments shouldn't represent a big percentage. What did the stock market do today? One way to short a stock is to buy put options. Because Churchill Capital IV is just a blank-check company, any attempt to make a valuation past the cash the company has is based on the acquisition targets. It cannot be stressed enough that Churchill Capital IV shares have a lot of assumptions baked into them.
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