Churchill Capital Corp IV (NYSE:CCIV) Sees Sudden Buying Interest After The Tweet

CCIV stock gained sudden momentum late morning session after Churchill Capital Corp IV (NYSE:CCIV) merger partner Lucid Motors tweets that Lucid User Experience will debut tomorrow at noon.

Churchill Capital Corp IV (NYSE:CCIV) Sees Sudden Buying Interest After The Tweet

The tweet states: “Impossibly intuitive, inside and out. The Lucid User Experience makes its global debut at 10 AM PDT tomorrow, exclusively on the #LucidMotors YouTube channel.”

After spending the morning session in red, CCIV stock soared as much as 6% in few minutes after the tweet, but pulled back and now up 1.80% to $19.75.

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CCIV is one of the notable SPAC gainers this year with a surge of 905 so far this year. However, the stock is still down 705 from its 52-week high of $64.86 in February.

 

Anthony Gonzales

Biotech, Tech, and Crypto reporter Anthony Gonzales brings 3 years of experience in helping grassroots, mid-sized organizations and large institutions strengthen their management and resource generating capacities and effectively plan for the future. He is also a mentor and professional advisor to artists working in all disciplines. He is the gold medalist from St. Marco University of Science and Technology in the Bachelors of Financial Management as well.