Waratah Capital Advisors Ltd. Makes New $3.01 Million Investment in Churchill Capital Corp X $CCCX

Waratah Capital Advisors Ltd. bought a new stake in shares of Churchill Capital Corp X (NASDAQ:CCCX) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 233,975 shares of the company’s stock, valued at approximately $3,009,000. Waratah Capital Advisors Ltd. owned approximately 0.45% of Churchill Capital Corp X at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. MGO One Seven LLC acquired a new stake in Churchill Capital Corp X during the third quarter valued at $129,000. Pekin Hardy Strauss Inc. purchased a new stake in shares of Churchill Capital Corp X during the 3rd quarter worth about $356,000. Cookson Peirce & Co. Inc. acquired a new stake in shares of Churchill Capital Corp X during the 3rd quarter valued at about $386,000. Highbridge Capital Management LLC purchased a new position in shares of Churchill Capital Corp X in the 3rd quarter valued at about $17,797,000. Finally, Alberta Investment Management Corp purchased a new position in shares of Churchill Capital Corp X in the 3rd quarter valued at about $19,290,000.

Analyst Ratings Changes

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

Churchill Capital Corp X Price Performance

NASDAQ CCCX opened at $13.66 on Wednesday. The company has a fifty day moving average price of $15.49. Churchill Capital Corp X has a one year low of $10.03 and a one year high of $27.50.

Churchill Capital Corp X Profile

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.