Key Turning Points
| 52-Week High | 64.86 |
|---|---|
| Fibonacci 50% | 37.23 |
| Fibonacci 38.2% | 30.71 |
| Last Price | 24.25 |
| 52-Week Low | 9.60 |
Similarly, Is CCIV a good stock investment?
If anything goes wrong, shares have a lot of downside potential, which makes CCIV/Lucid a high-risk/high-reward investment. That can be a good choice for some, but others will likely favor staying away or opting for lower-risk choices instead.
What 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.
Thereof, Will CCIV shareholders get Lucid shares?
Churchill Capital IV stock gains as stockholders approve merger with Lucid. Churchill Capital Corp IV (NYSE:CCIV) stockholders’ voted to approve the business combination with Lucid Motors (LUCIDM). Approximately 98% of votes cast voted in favor of business combination.
Why is CCIV stock going up today?
CCIV stock is getting a boost as investors salivate at the potential valuation of a special purpose acquisition company (SPAC) merger with electric vehicle (EV) maker Lucid Motors.
Is CCIV undervalued?
CCIV Stock Is Almost 20% Undervalued Ahead of Lucid Motors Merger.
Is CCIV a good long-term stock?
Therefore, the CCIV is a good long-term stock that requires a patient investor. It has been a rough couple of months for both the electric vehicle market and SPACs.
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.
What is CCIV stock forecast?
CCIV (CCIV) Monthly Stock Prediction for 2022
| Month | Target | Pes. |
|---|---|---|
| May. | 25.63 | 24.49 |
| Jun. | 29.98 | 27.03 |
| Jul. | 30.80 | 28.97 |
| Aug. | 30.64 | 29.34 |
Is CCIV a lucid motor?
and NEW YORK , July 23, 2021 /PRNewswire/ — Churchill Capital Corp IV (« Churchill IV » or « CCIV ») (NYSE: CCIV), a publicly traded special purpose acquisition company, and Lucid Motors today announced the completion of their business combination, taking public a company that is setting new standards with its advanced …
How many lucid shares does CCIV have?
Moreover, the PIPE investors, who are bringing in $2.5 billion in crucial liquidity, also need to be issued new shares, to the tune of 166.66 million. Assuming no redemptions, 1.595 billion Lucid Group common shares will have to be issued in total upon the close of the merger agreement.
What will lucid stock be worth in 5 years?
The LCID (“LCID” ) future stock price will be 119.160 USD in 5 years. The long-term earning potential is +7.44% in one year. Retail traders have long been drawn to EV stocks, and several have gone public with a blank-check vehicle known as a SPAC – a move that attracts even more retail traders.
What will Lucid stock be worth in 5 years?
The LCID (“LCID” ) future stock price will be 119.160 USD in 5 years. The long-term earning potential is +7.44% in one year. Retail traders have long been drawn to EV stocks, and several have gone public with a blank-check vehicle known as a SPAC – a move that attracts even more retail traders.
Will CCIV become LCID?
CCIV is now officially LCID as the Lucid Motors transaction has closed and begins trading under its new ticker today. All 7 SPAC merger votes are at prices that make more big redemptions possible.
Will CCIV merge with Lucid Motors?
and NEW YORK , July 23, 2021 /PRNewswire/ — Churchill Capital Corp IV (« Churchill IV » or « CCIV ») (NYSE: CCIV), a publicly traded special purpose acquisition company, and Lucid Motors today announced the completion of their business combination, taking public a company that is setting new standards with its advanced …
What is lucid price target?
The 4 analysts offering 12-month price forecasts for Lucid Group Inc have a median target of 45.00, with a high estimate of 50.00 and a low estimate of 12.00. The median estimate represents a +114.08% increase from the last price of 21.02.
Is CFVI stock a buy?
During the day the stock fluctuated 0.88% from a day low at $11.30 to a day high of $11.40.
…
Predicted Opening Price for CF Acquisition Corp. VI of Monday, April 18, 2022.
| Fair opening price April 18, 2022 | Current price |
|---|---|
| $11.34 | $11.33 (Undervalued) |
When did CCIV become Lucid?
Lucid Group trades under the « LCID » ticker symbol.
Lucid Group, the company formed after Lucid Motors’ July 23 merger with Churchill Capital Corp IV (CCIV), has become a publicly listed company.
What happened to CCIV and Lucid?
and NEW YORK, July 23, 2021 /PRNewswire/ — Churchill Capital Corp IV (« Churchill IV » or « CCIV ») (NYSE: CCIV), a publicly traded special purpose acquisition company, and Lucid Motors today announced the completion of their business combination, taking public a company that is setting new standards with its advanced …
When did CCIV become LCID?
Should the merger be approved by investors (which it likely will be), CCIV will cease to trade, and shares will be converted to LCID, which will trade on the NYSE starting July 23.
Did CCIV and Lucid merge?
Lucid Group, the company formed after Lucid Motors’ July 23 merger with Churchill Capital Corp IV (CCIV), has become a publicly listed company.
Will CCIV shares convert to LCID?
Shareholders approved the long-awaited merger between Churchill Capital and Lucid (NASDAQ:LCID) on Friday. This was the last roadblock to making the deal a reality. As such, as of Monday, CCIV stock has converted into LCID stock. The company is known as Lucid Group and trades on the Nasdaq.
Does CCIV change to LCID?
Churchill Capital Corp IV (CCIV) will change its name, trading symbol, and CUSIP to Lucid Group, Inc. (LCID), CUSIP 549498103 effective July 26, 2021. As a result, option symbol CCIV will also change to LCID effective at the opening of business on July 26, 2021.
Can Lucid stock reach $100?
Lucid Motors is in line for a huge 2022. Lucid wants to massively expand globally and could be in line for a great short squeeze soon.
Is Lucid stock like Tesla?
Lucid resembles a smaller version of Tesla, but the stock already trades at about 30 times its goal of generating $2.2 billion in sales in 2022. Tesla currently trades at just 14 times next year’s sales.
What is Tesla stock prediction?
Stock Price Forecast
The 35 analysts offering 12-month price forecasts for Tesla Inc have a median target of 1,100.00, with a high estimate of 1,580.00 and a low estimate of 67.00. The median estimate represents a +11.68% increase from the last price of 984.98.
Join TheMoney.co community and don’t forget to share this post !
