Why Churchill Capital IV Is Rising Today

·1 min read
Why Churchill Capital IV Is Rising Today

On Friday, Churchill Capital IV (NYSE: CCIV) was having a good day for a business that will soon cease to exist. The special purpose acquisition company's (SPAC) shares were up 4% in mid-afternoon trading following a crucial shareholder vote. Churchill will shortly merge with Lucid Motors, bringing the electric vehicle (EV) maker to the stock exchange as a publicly traded company.

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