Lucid Motors suitor’s stock has tripled on belief a deal is coming

Investors appear to strongly believe that blank check company Churchill Capital Corp. IV is going to make a deal to take Lucid Motors Inc. public. The New York special purpose acquisition company (NYSE: CCIV) stock closed at $32.14 on Tuesday, up 27.29% on the day and more than triple where it closed just before merger talks were reported last month. That could set some investors up for a big loss if the reverse merger deal with the Newark luxury electric car company doesn't happen. Even if a…