Alberta Investment Management Corp Purchases Shares of 1,500,000 Churchill Capital Corp X $CCCX

Alberta Investment Management Corp acquired a new position in Churchill Capital Corp X (NASDAQ:CCCX) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 1,500,000 shares of the company’s stock, valued at approximately $19,290,000.

Separately, MGO One Seven LLC acquired a new stake in Churchill Capital Corp X during the third quarter worth approximately $129,000.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of Churchill Capital Corp X in a research note on Monday, December 29th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Churchill Capital Corp X presently has an average rating of “Sell”.

Churchill Capital Corp X Stock Performance

Shares of NASDAQ:CCCX opened at $13.66 on Thursday. Churchill Capital Corp X has a 52-week low of $10.03 and a 52-week high of $27.50. The business has a 50 day moving average price of $15.55.

About Churchill Capital Corp X

Churchill Capital Corp X (NASDAQ: CCCX) is a special purpose acquisition company (SPAC), commonly referred to as a blank?check company, formed to raise capital through an initial public offering for the purpose of effecting one or more business combinations. As a SPAC, it initially holds the proceeds from its public offering in a trust account while management and the sponsor identify and negotiate a potential merger, acquisition, or other qualifying business combination that would result in the acquired company becoming publicly listed.

The company’s primary activities are sourcing, evaluating and completing a business combination with a target company.