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5 Most Shorted US Large Cap Stocks In April 2023: 2 Of Them Are Up More Than 50% This Year
Monday, April 24, 2023 - 4:09pm | 772The five most heavily shorted large-cap companies on Wall Street at the end of April 2023 include an online pet food retailer, a web-based broadcaster, a health tech provider for seniors, a cryptocurrency exchange, and an electric carmaker. And no, the latter is not Tesla. Before...
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SPAC Wars: Lucid Motors Vs. Faraday Future — Battle Of The Luxury Electric Vehicles
Friday, July 30, 2021 - 7:20am | 751The debut of Lucid Group Inc (NASDAQ: LCID) trading this week marks another electric vehicle company going public via SPAC merger. The hosts of Benzinga’s “SPACs Attack” featured two prominent electric vehicle companies — Lucid Group and Faraday Future — focused...
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Lucid Motors SPAC Merger Is Finally Approved
Friday, July 23, 2021 - 10:00am | 320One of the year's most highly anticipated SPAC mergers was approved Friday morning. What Happened: All shareholder proposals were approved between Churchill Capital Corp IV (NYSE: CCIV) and Lucid Motors. The companies held a special meeting Friday with additional votes needed for...
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What's Going On With Lucid SPAC Partner Churchill Capital's Stock?
Friday, July 23, 2021 - 5:21am | 657Shares of special purpose acquisition company Churchill Capital Corp IV (NYSE: CCIV) closed more than 2% lower on Thursday, after falling as much as 4.8% in intraday trading. What Happened: CCIV traded about 0.5% higher in the early pre-market trading Friday amid high interest from retail traders...
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Churchill Capital Looks Like It's Getting Squeezed In A Pennant Pattern
Tuesday, July 20, 2021 - 5:35pm | 416Churchill Capital Corp IV (NYSE: CCIV) shares are trading higher Tuesday after the company announced that shareholders need to vote on July 22 whether they are in favor of the business combo with Lucid Motors. The stock was trending throughout the day on social media sites such as StockTwits....
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Lucid Motors Says On Track To Begin Production, Deliveries Later This Year
Wednesday, July 14, 2021 - 4:18am | 384Lucid Motors, the luxury electric vehicle maker, which is set to go public through a SPAC merger with Michael Klein’s Churchill Capital Corp IV (NYSE: CCIV), said on Tuesday it is on track to begin production and deliveries this year. What Happened: CEO Peter Rawlinson told investors during a...
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Tesla Rival Polestar Could Be Valued At $25B In SPAC Deal: What Investors Should Know
Thursday, July 8, 2021 - 6:18pm | 449Electric vehicle company Polestar could be nearing a SPAC deal to go public, according to a report from Bloomberg. The company competes with Tesla Inc (NASDAQ: TSLA) and Lucid Motors, which is going public via Churchill Capital Corp IV (NYSE: CCIV). What Happened: Polestar, an electric vehicle...
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Tesla, Apple, AMC Are The Most Popular Foreign Stocks Among South Koreans This Year
Tuesday, July 6, 2021 - 4:10am | 362South Korean domiciled investors bought and sold shares worth billions in U.S.-listed companies during the first half of 2021, with Tesla Inc (NASDAQ: TSLA) leading the pack as the No. 1 favorite stock, The Korea Herald reported on Monday — citing data from the Korea Securities Depository....
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July SPAC Merger Vote Calendar: A Look At Upcoming Votes And Stocks To Watch
Saturday, July 3, 2021 - 2:33pm | 1838After a busy June that saw dozens of SPAC merger votes completed, July is shaping up to be another busy month for the SPAC sector. Several of the June mergers saw strong trading patterns after their merger vote, and the de-spacing process had been completed. SPACs could be coming back in...
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Lucid Sees Tesla As The Real Competition In 'Two-Horse Race' EV Market: CEO
Thursday, July 1, 2021 - 12:03am | 452Lucid Motors Inc CEO Peter Rawlinson told Yahoo! Finance on Wednesday the luxury electric vehicle maker is aiming to compete with the market leader Tesla Inc (NASDAQ: TSLA) in what’s going to play out as a "two-horse" electric vehicle tech race. What Happened: Rawilson said...
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What's Next For Churchill Capital Stock: Technical Levels To Watch
Wednesday, June 30, 2021 - 5:33pm | 400Churchill Capital Corp. (NYSE: CCIV) shares gained 9.42% Wednesday, closing at $28.82. The company's shareholders are set to vote July 22 on a SPAC deal with Lucid Motors. Here's a look at technical levels for the SPAC stock. Churchill Capital Daily Chart Analysis Shares...
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5 SPACs To Watch In The Second Half Of 2021
Tuesday, June 29, 2021 - 8:30am | 902As the close of the first half of 2021 nears, investors have a chance to look at some companies that could have big moves in the second half of 2021. Here is a look at five SPACs to watch in the second half of 2021. Churchill Capital Corp IV: Electric vehicle company Lucid Motors is merging...
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Elon Musk On Tesla Rivals' Numbers Says 'Manufacturing Is So Hard' And Companies Have His 'Respect'
Thursday, June 17, 2021 - 3:46am | 483Tesla Inc. (NASDAQ: TSLA) CEO Elon Musk said that companies building things have his “utmost respect” as manufacturing is “so hard.” What Happened: Musk was responding to a post on Twitter that focused on the planned electric vehicle production numbers of Tesla’s new...
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10 SPACs And Former SPACS That Could Be Short Squeeze Candidates: Clover, Nikola And More
Tuesday, June 8, 2021 - 9:22am | 808In 2021, two of the most traded and well-known stocks have been GameStop Corp (NYSE: GME) and AMC Entertainment Holdings Inc (NYSE: AMC). Both companies have been rallying cries for retail traders against hedge funds and short sellers. The result from these two runs has been investors looking for...
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Key Lucid Motors Updates, Including How To Watch 'The Lucid Motors Experience'
Wednesday, May 26, 2021 - 12:07pm | 398Lucid Motors is set to go public via the special purpose acquisition company Churchill Capital Corp IV (NYSE: CCIV) in the second half of 2021. What Happened: Lucid Motors announced its event "The Lucid User Experience" will be held virtually via YouTube at 1 p.m. EDT Wednesday....