|

CCIV Stock Price: Lucid Motors – Churchill Capital IV surges on tease of an impending merger

  • NYSE:CCIV gained 5.84% on Tuesday as growth stocks continued to fight back from the recent correction.
  • CCIV sends a cryptic tweet that has investors buzzing about the upcoming merger with Lucid Motors.
  • Lucid is heavily promoting its flagship vehicle ahead of its appearance at a major upcoming auto show.

NYSE:CCIV has seen momentum swing back in its favor, as the stock extended its gains for the fourth consecutive trading session. On Tuesday, CCIV added 5.84% to close the trading day at $19.38, as the stock begins to retrace towards its 200-day moving average. Shares have now gained 12% since Friday, and are seeing a nice bullish reversal as noteworthy announcements continue to emerge from Lucid Motors ahead of its impending merger. 


Stay up to speed with hot stocks' news!


One of those announcements came on Tuesday in the form of a tweet from the official Twitter account of Lucid Motors. In the tweet a short video plays in which the letters CCIV morph into the letters LCID, which is expected to be Lucid’s ticker symbol once the merger is completed. The video ends with the words ‘Arriving soon on the NASDAQ’, which was more than enough information to get investors excited and send the stock soaring. CCIV continues to be one of the most anticipated SPAC mergers on the market today, even during a time where many of them have been sold off back down to the NAV price as the SEC looks to add more regulations in the future.

CCIV stock news

Another tweet from Lucid confirmed the appearance of its flagship vehicle the Lucid Air at the upcoming Amelia Concours auto show from May 20-23. It will be one of the closest looks investors will get at the fully functional vehicle, and is just another indication that Lucid is on track to have its cars on the road later this year. 

Premium

You have reached your limit of 3 free articles for this month.

Start your subscription and get access to all our original articles.

Subscribe to PremiumSign In

Author

More from Stocks Reporter
Share:

Markets move fast. We move first.

Orange Juice Newsletter brings you expert driven insights - not headlines. Every day on your inbox.

By subscribing you agree to our Terms and conditions.

Editor's Picks

EUR/USD bounces toward 1.1750 as US Dollar loses strength

EUR/USD returned to the 1.1750 price zone in the American session on Friday, despite falling Wall Street, which indicates risk aversion. Trading conditions remain thin following the New Year holiday and ahead of the weekend, with the focus shifting to US employment and European data scheduled for next week.

GBP/USD nears 1.3500, holds within familiar levels

After testing 1.3400 on the last day of 2025, GBP/USD managed to stage a rebound. Nevertheless, the pair finds it difficult to gather momentum and trades with modest intraday gains at around 1.3490 as market participants remain in holiday mood.

Gold trims intraday gains, approaches $4,300

Gold retreated sharply from the $4,400  area and trades flat for the day in the $4,320 price zone. Choppy trading conditions exacerbated the intraday decline, although XAU/USD bearish case is out of the picture, considering growing expectations for a dovish Fed and persistent geopolitical tensions.

Cardano gains early New Year momentum, bulls target falling wedge breakout

Cardano kicks off the New Year on a positive note and is extending gains, trading above $0.36 at the time of writing on Friday. Improving on-chain and derivatives data point to growing bullish interest, while the technical outlook keeps an upside breakout in focus.

Economic outlook 2026-2027 in advanced countries: Solidity test

After a year marked by global economic resilience and ending on a note of optimism, 2026 looks promising and could be a year of solid economic performance. In our baseline scenario, we expect most of the supportive factors at work in 2025 to continue to play a role in 2026.

Crypto market outlook for 2026

Year 2025 was volatile, as crypto often is.  Among positive catalysts were favourable regulatory changes in the U.S., rise of Digital Asset Treasuries (DAT), adoption of AI and tokenization of Real-World-Assets (RWA).