As of July 23, 2021, Churchill Capital Corp IV was acquired by Lucid Motors USA, Inc., in a reverse merger transaction. Churchill Capital Corp IV does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2020 and is based in New York, New York.
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What happens is when it try’s to reach new highs or higher high, if not successful, investors sell. Learn the fuck out of that shot. After significant pullback will come another run for a new high, not being successful in the rise comes the fall
$CCIV ..The risk reward on this stock is to much to ignore. Added to my position today. Whenever this merger is announce, which should be any day now..$40-$50.