17.65 -0.16 (-0.90%)
Before hours: 6:13AM EST
Previous Close | 18.06 |
Open | 18.09 |
Bid | 17.45 x 900 |
Ask | 17.50 x 1400 |
Day's Range | 17.11 - 18.25 |
52 Week Range | 9.60 - 21.00 |
Volume | 23,172,884 |
Avg. Volume | 13,395,601 |
Market Cap | 4.608B |
Beta (5Y Monthly) | N/A |
PE Ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings Date | N/A |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | N/A |
Churchill Capital Corp IV , a special purpose acquisition corporation set up by former Citigroup Inc. banker Michael Klein, issued a statement on Tuesday in response to inquiries from shareholders and following what it called 'unusual trading' in its shares in recent sessions. The blank-check company, which was formed for the purpose of acquiring a business or businesses, said it is always reviewing a range of potential business combinations to find a best fit for its shareholders. "We do not generally comment on rumors and speculation and will not comment as to whether the company is or is not pursuing a specific business opportunity other than saying, as noted, we are always evaluating a number of potential business combinations," said the statement. Churchill shares have gained about 50% in the last three months, amid media reports that it is in talks for a merger with electric vehicle company Lucid Motors. Electric vehicles have become a major subject of speculation after Tesla Inc.'s more than 700% gains in the last 12 months.
Churchill Capital Corp IV (NYSE: CCIV, CCIV.UN) today issued the following statement in response to inquiries from shareholders and the New York Stock Exchange, as well as the unusual trading in shares of the Company's common stock in recent days:
IPO Edge was pleased to host Michael Klein, Chairman and CEO of Churchill Capital Corp, for a fireside chat during the 23rd Annual ICR Virtual Conference on January 12. Mr. Klein spoke with IPO Edge Editor-in-Chief John Jannarone for over an hour, discussing topics including: The most attractive industry sectors for SPACs The emergence of pre-revenue companies […]