14 Days Historical Data
| Date | Opening price | Closing price | Minimum price | Maximum price |
| 2021-07-09 | Open: 28.758 | Close: 28.758 | Low: 28.758 | High: 28.758 |
| 2021-07-08 | Open: 27.413 | Close: 27.413 | Low: 27.413 | High: 27.413 |
| 2021-07-07 | Open: 28.735 | Close: 28.735 | Low: 28.735 | High: 28.735 |
| 2021-07-06 | Open: 30.164 | Close: 30.164 | Low: 30.164 | High: 30.164 |
Full Answer
How high can CCIV stock go after the lucid merger?
14 rows · CCIV-U quote is equal to 26.985 USD at 2022-03-27. Based on our forecasts, a long-term increase is ...
Why is CCIV stock gaining so much attention right now?
Jun 04, 2021 · June 4, 2021. Churchill Capital IV (NYSE: CCIV) stock has seemed to have found its floor at around $20 per share. It may be holding steady now. But, that doesn’t mean it’ll …
Will Churchill capital (CCIV) stock rise more after June 1 surge?
Jun 03, 2021 · Investors may approach CCIV stock with some hesitancy because shares have dropped from $57 back in late February, to a little more than $22 today, but the company is doing much more than its ...
What happened to cccciv stock after the merger?
Feb 18, 2021 · Sources close to the matter say CCIV is looking to attract over $1 billion by selling shares in private investment in public equity (PIPE) transaction for the Lucid deal. If …
Will the CCIV stock go up?
Will Churchill Capital Corp IV stock price grow / rise / go up? Yes. The CCIV stock price can go up from 24.250 USD to 42.323 USD in one year.
Will CCIV shares become Lucid shares?
Now that work is finally done as the two companies have completed the merger. As a result of the merger, Churchill Capital and Lucid Motors will be renamed Lucid Group. In addition to this, shares of CCIV stock will switch over to the LCID stock ticker.Jul 23, 2021
Is CCIV a good stock to buy?
The Churchill Capital Corp stock is now one of the most valuable stocks to buy in 2021. The company raised over $1.5B during its IPO in July 2020.Sep 28, 2021
What is CCIV worth after merger?
The PIPE offer is priced at $15 per share and is expected to result in an IPO equity value of approximately $24 billion, which implies 1.6 billion shares outstanding post-merger.Jun 11, 2021
What will happen to CCIV stock?
As a result of the merger, Churchill Capital and Lucid Motors will be renamed Lucid Group. In addition to this, shares of CCIV stock will switch over to the LCID stock ticker.Jul 23, 2021
Is CCIV bullish or bearish?
IV (CCIV) Is Dramatically Boosting Its Authorized Share Capital, and No, This Is Not Definitively Bearish for Lucid Motors.Jul 8, 2021
Is CCIV undervalued?
I still think CCIV stock (the new symbol will be LCID after the merger) is at least 33% undervalued, based on my model, described in my prior articles. I can walk you through the highlights in this article.Apr 26, 2021
Is CCIV long-term hold?
After it's merger with EV maker Lucid Motors, investors hope that the stock prices will grow over time. However, because Lucid Motors is a startup, it might take a while for it to gain standing in the EV market. Therefore, the CCIV is a good long-term stock that requires a patient investor.May 24, 2021
Is CCIV a good long-term stock?
If you are looking at CCIV stock as a long-term investment, there will probably be a more attractive entry point. This could happen between now and the completion of the deal. It is certainly a top EV stock to watch from now on, but not quite the price that investors are paying right now.Feb 23, 2021
How much of Lucid will CCIV own?
Factoring in for the 19.1% ownership interest in Lucid by CCIV shareholders, Lucid is coming to market at an implied valuation of $42 billion. At this price, Lucid would trade at the same market capitalization as Tesla in 2017.Jun 11, 2021
What is CCIV stock at?
Key Turning Points52-Week High64.86Fibonacci 50%37.23Fibonacci 38.2%30.71Last Price24.2552-Week Low9.601 more row
Has Lucid merged with CCIV?
Lucid Group, the company formed after Lucid Motors' July 23 merger with Churchill Capital Corp IV (CCIV), has become a publicly listed company.Jul 27, 2021
"Should I invest in CCIV-U stock?" "Should I trade "CCIV-U" stock today?"
According to our live Forecast System, CCIV-U stock is an awesome long-term (1-year) investment *.
What is the CCIV-U stock price / share price today?
The CCIV-U stock price is 26.985 USD today.
Will CCIV-U stock price grow / rise / go up?
Yes. The CCIV-U stock price can go up from 26.985 USD to 49.748 USD...
Is it profitable to invest in CCIV-U stock?
Yes. The long-term earning potential is + 84.36 % in one year.
Will CCIV-U stock price fall / drop?
No. See above .
What will CCIV-U stock price be worth in five years (2027)?
The CCIV-U ("CCIV-U" ) future stock price will be 144.536 USD .
Will CCIV-U stock price crash?
According to our analysis, this will not happen.
Will CCIV-U stock price hit 100 USD price in a year?
Not within a year. See above .
Will CCIV-U stock price hit 200 USD price in a year?
Not within a year. See above .
CCIV stock is rising
CCIV stock gained 9 percent on June 1, and is trending upwards in the pre-market trading session on June 2. The stock gained significantly on reports that Rivian, the Amazon-backed EV truck manufacturer, might go public soon. Also, there were rumors that CCIV and Lucid plan to close the transaction by the end of June 2021.
CCIV stock will rise more
The merger voting date announcement might be enough of a catalyst to send CCIV stock higher. The shares of Social Capital Hedosophia Holdings V (IPOE) increased by 10 percent after the SPAC announced the voting date. SoFi went public on June 1 through a reverse merger with Chamath Palihapitiya’s IPOE.
Lucid Motors versus Rivian valuation
The significant pullback of CCIV stock from the peaks has left investors wondering whether it’s undervalued. To find out, we’ll compare CCIV stock with its competitors. The SPAC deal gives Lucid an implied pro forma equity value of $24 billion. At CCIV’s current stock price, Lucid has a market capitalization of around $36.1 billion.
How high could CCIV go before Lucid Motors merger?
CCIV stock went as high as $65 before the merger deal was announced in February 2021. Since then, the stock has dropped drastically and found support at around $18.
Valuation Suggests Lucid Makes Sense Now
A recent article by InvestorPlace’s Mark Hake suggested that CCIV stock has significant upside value based on his modeling. I’d suggest anyone who’s currently on the fence regarding Lucid Motors/CCIV to take a look at his detailed article outlining his valuation model.
Product Line Logic
Lucid Air is squarely aimed at chipping away Tesla’s dominance in the upscale EV sedan market.
Takeaway
CCIV stock is a speculative bet on EVs that makes more sense than much of the competition. The company is real, the price is right, and the vehicle lineup, logical.
CCIV Stock: Tesla Competitor Emerges
Among a sea of SPACs, CCIV stock has gathered a lot of attention. However, it is the Churchill SPAC that has gotten the most attention. It has raised $1.8 billion at this point.
Near-Term Catalysts to Exploit
The race to find the next Tesla is leading to some mind-numbing valuations. CCIV stock is trading up at approximately $56. That is the result of pure speculation because we just had a new report that the two parties are nearing a deal.
CCIV Stock Is a Play on Infrastructure
President Joe Biden’s infrastructure spending plan addressed the need for job creation to boost the U.S. market share of plug-in electric vehicles. Biden is proposing a $174 billion investment to win the EV market. From domestic battery and parts supply, the U.S. will give consumers sales rebates and tax incentives to buy American-made EVs.
Impressive Specifications
Lucid’s luxury EV has a maximum horsepower of 1,080 and a range of 500 miles per charge. It can go from zero to 60 mph in just 2.5 seconds. With that acceleration, the EV is comparable to a supercar.
Opportunity
Just as investors lack a financial model to assign a fair value on Tesla stock, the same applies to CCIV shares. Readers should look at Lucid’s investor presentation that was posted in February as a starting point.
Product Roadmap
In 2023, Lucid’s Project Gravity will result in an SUV launch. When it gets there, it will already have Lucid Electric Advanced Platform. So, it may build on its existing powertrain while adding more features and performance standards to the EV SUV. For 2030, it will have other planned sedans and SUVs.
Your Takeaway
Churchill shares fell enough to wipe out the euphoria. At current levels, the stock is approaching buy levels. The infrastructure spending in the U.S. may lift all boats. Tesla will very likely rebound first because it is a widely held stock.
