Its real-time price value is 21.86. it starts from 9.60 to 64.86 in the 52-week range. Other institutional value ranges 53.84% and 1.71% is taken by Mutual fund holders. Its latest institutional activities are done in Karpus Management, INC, Citadell Advisors LLC and Alberta Investment Management co. its top ten owners of CCIV are HSBC, Hudson, Periscope, Millenium Management LLC, Citadel AdvisorsLLC, Blackstone Alternative solutions, Fort Baker Capital Management Corporation, Polar Asset. Its stake ranges from 1.45% to the highest of 3.59%. Milliennium Management LLC holds the first position and Hudson Bay Capital Management Hold the tenth position. Mutual fund stake ranges from 0.03% to 0.55%. it is branded as NYSE: CCIV at https://www.webull.com/quote/nyse-cciv. It has 153 institutional owners and 207,000,000 shares are outstanding and its institutional values are 1170407$ USD. Bloomberg has a pre-market trade of 24$ billion in valuations. It has a large market opportunity and fast revenue growth.
Large Market Opportunity
Its market level is raising to the huge growth in the car market. Revenues grow to the annual rate from 496$ billion. It has a high demand for the EV market to penetrate the car sales of 5%. The customers are emotionally branding their target buyers with experience and sustainability. Its highlights are both the interior and exterior are spacious and compact. Lucid shows its showroom, batteries and power homes to the investors. It expects to achieve revenue growth by selling reasonable vehicles in the next year. Its annual growth rate is 198%. The EBIT can earn them the interest and taxes. They have a higher dream of accelerating the technology race.
CCIV and Lucid
CCIV merges with the Lucid motors to achieve the status and position of the top five in promoting the car. They aim to reach the people with the maximum comforts and facilities to provide the ride with the best ride to experience the luxury of the aeroplane. They planned to give the feeling of flying in the air in the earth itself. It is highly secured and insured that can’t be damaged or destroyed. The style of the car is classy and polished to show off the customers. By the launch of each car, they attain a profit in a regular mode. It plays a vital role in designing, space and performance. They planned to design with greatness to achieve the greater height of the sky. Once the Lucid car of new version releases all the other car competitors have to set bask in the field of the stock exchange. It has the touch of Hollywood and Sicilian innovation valley. They think forward to step forward to set a new standard and have a clear vision of reality to achieve greatness. Before stock trading, you can check other stock like nasdaq bngo at https://www.webull.com/quote/nasdaq-bngo.