Waymo to lose its CFO and head of automotive partnerships yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.
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Investors who have owned stocks in the last eight months have generally experienced some big gains. In fact, the
SPDR S&P 500 (NYSE: SPY) total return since September 18, 2020, is 28.7%. But there is no question some big-name stocks performed better than others along the way.
On that day,
Churchill Capital Corp IV (NYSE: CCIV) made its public debut, and IPO investors have significantly outperformed the market in the seven-plus months that have followed.
Churchill’s Big Debut: Churchill Capital CEO and former
Citigroup, Inc. (NYSE: C) banker Michael Klein is a Wall Street veteran with a long track record of successful SPAC deals. When Churchill Capital IV went public on Sept. 18, early investors were simply betting on Klein’s ability to secure a worthy acquisition target. On Jan. 11, 2020, Klein did not disappoint, announcing a $15 billion deal to take EV maker Lucid Motors public.
Author Bio
Evan is a senior technology specialist at The Motley Fool. He was previously a senior trading specialist at Charles Schwab, and worked briefly at Tesla. Evan graduated from the University of Texas at Austin, and is a CFA charterholder. Follow @TMFNewCow
Churchill Capital IV (NYSE:CCIV), Lucid Motors announced on Wednesday that it had tapped a new CFO to help take the nascent electric vehicle (EV) maker public. Lucid continues to beef up its senior management team, and also added a handful of other executives in leadership positions yesterday.
Here s what Churchill Capital IV investors need to know about the new hires.
Lucid Motors taps Waymo, Intel veterans ahead of public listing yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.
Top US stocks to watch before the bell: Uber, General Motors and Boeing
Joshua Warner May 5, 2021 1:17 PM
Uber is due to report first-quarter results after Lyft updated the market yesterday, GM is confident it can navigate the global shortage in chips, Boeing faces delays to getting 737 MAX jets back up in the sky, Activision Blizzard ups expectations, and the Honest Co goes public today. Share:
Uber and Lyft
Uber will release first-quarter results later today at 1100 PT. An earnings consensus compiled by Reuters shows analysts are expecting Uber to report revenue of $3.27 billion and a net loss of $983.8 million. The main focus will be on how well placed its ride-hailing division can recover as restrictions are eased and Uber will also have to allay fears about a shortage of drivers.