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How Lucid Motors Stock Could Double Your Money


It's been a hectic few weeks for Churchill Capital IV (NYSE: CCIV), which confirmed last month that it would be merging with Lucid Motors to take the nascent electric vehicle (EV) maker public. After speculative fervor drove the stock to nearly $65, shares came crashing down once reality set in and details around the deal's structure were finally disclosed to investors.

With shares currently trading around $20 to $25 over the past few days, here's how Lucid Motors could double your money.

Image source: Lucid Motors.

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Source Fool.com

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