Followers | 91 |
Posts | 3296 |
Boards Moderated | 0 |
Alias Born | 10/18/2010 |
Saturday, January 16, 2021 9:58:13 AM
A photo of the Lucid Motors Air EV from 2018.
Source: ggTravelDiary / Shutterstock.com
To start, investors have been chasing up CCIV stock on a lot of speculation. That is because Bloomberg reported earlier this week that electric vehicle maker Lucid Motors was in talks to come public with Churchill Capital. The news has been incredibly influential, especially as Lucid Motors represents a real opportunity in EVs. It plans to start delivering its Air EV in the second quarter, and with a former Tesla (NASDAQ:TSLA) engineer at its helm, many see it as a possible Tesla killer.
However, Churchill Capital leader Michael Klein and Lucid Motors have not confirmed a deal. At an IPO Edge event earlier this week, Klein acknowledged the rumors but said he could not share anything at the time. Even with those cautionary words, investors are determined.
But still, what caused the trading halt today? And why is CCIV stock on fire this afternoon?
CCIV Stock Speculation
Once again, rumors are swirling. One social media user posted earlier this morning that his inside sources at Lucid Motors tipped him off to a company-wide meeting. As he shared that, he added that such a meeting was specifically for big news. Putting two and two together, many assumed the big meeting would allow company executives to announce a SPAC merger. Although it is certainly exciting, investors should know that there is no official confirmation of the meeting. And more importantly, there is still no confirmation of the Lucid Motors SPAC merger.
For investors then, proceed with caution. That is not to say a Lucid Motors SPAC merger is out of the question — and if it does come to fruition, it would be a big deal for CCIV stock.
Recent LCID News
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/17/2024 09:45:36 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/10/2024 01:05:54 PM
- Lucid Showcases Gravity SUV and Provides Analysis of Cost Effectiveness of its Enabling Technologies During Technology & Manufacturing Day • PR Newswire (US) • 09/10/2024 01:00:00 PM
- Lucid Delivers UX 2.4 Over the Air Software Update with New Advanced Driver Assist and Convenience Features • PR Newswire (US) • 09/09/2024 01:00:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/06/2024 11:21:48 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/06/2024 11:17:37 PM
- Lucid CEO to Speak at Morgan Stanley 12th Annual Laguna Conference • PR Newswire (US) • 09/05/2024 08:05:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/05/2024 08:04:35 PM
- Lucid Announces Technology and Manufacturing Day on Tuesday, September 10 • PR Newswire (US) • 09/04/2024 01:00:00 PM
- Lucid élargit l'accessibilité à son modèle Lucid Air primé pour les clients au Canada grâce à de nouvelles options de location • PR Newswire (Canada) • 08/21/2024 05:53:00 PM
- Form SC 13D/A - General Statement of Acquisition of Beneficial Ownership: [Amend] • Edgar (US Regulatory) • 08/20/2024 08:30:46 PM
- Lucid Expands Accessibility to the Award-Winning Lucid Air for Customers in Canada with New Leasing Options • PR Newswire (Canada) • 08/20/2024 01:00:00 PM
- Lucid Expands Accessibility to the Award-Winning Lucid Air for Customers in Canada with New Leasing Options • PR Newswire (US) • 08/20/2024 01:00:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/19/2024 01:04:02 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/16/2024 11:55:29 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 08/16/2024 09:25:10 PM
- US Index Futures Rise After Market Sell-off, Oil Prices Trim Losses • IH Market News • 08/06/2024 09:49:06 AM
- Palantir and Lucid Shares Surge After Beating Estimates; ZoomInfo and Chegg Drop 16% – Earnings Update • IH Market News • 08/06/2024 09:47:17 AM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/05/2024 08:10:29 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/05/2024 08:08:45 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/05/2024 08:07:19 PM
- Lucid Announces Second Quarter 2024 Financial Results • PR Newswire (US) • 08/05/2024 08:06:00 PM
- Lucid Group, Inc. Announces Public Investment Fund Commitment of $1.5 Billion • PR Newswire (US) • 08/05/2024 08:05:00 PM
- U.S. Index Futures and Oil Prices Plunge on Recession Concerns • IH Market News • 08/05/2024 09:46:20 AM
- Graphite One and Lucid Supply Agreement Announced at U.S. Capitol Briefing • PR Newswire (Canada) • 07/29/2024 11:00:00 AM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM