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

Investors are betting heavily that blank check company Churchill Capital Corp. IV is going to make a deal to take Lucid Motors Inc. public. Shares of the New York special purpose acquisition company (NYSE: CCIV) closed at $32.14 on Tuesday, up 27.29% on the day. The company's stock has more than tripled in price since the merger talks were first reported last month. That could set some investors up for a big loss if the reverse merger deal with the Newark, California luxury electric car company…