5 big names in the company ready to move shares: CCIV, TSLA, ARKX



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As we enter a shortened trading week, what stock market news should you watch out for? And more importantly, who should you watch? InvestorPlace brought together five major stock market players to help you prepare for some big moves ahead.

A close up of wooden blocks that spell out "Movers" and "Shakers"

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What does all this mean? Well, just as wide enthusiasm for a trend like cannabis stocks or electric vehicles can move markets, influential individuals also have a lot of power. These people include politicians, CEOs, business icons, and even legendary investors.

Get ready for the week below with these five movers and shakers.

Fellow N ° 1: Joe Biden

Former Vice President Joe Biden (now President-elect) addressing a crowd in Philadelphia in May 2019.

Source: Photographer Matt Smith / Shutterstock.com

Is it too obvious? It looks like everyone on Wall Street is ready to follow President-elect Joe Biden’s inauguration closely. In large part, that’s because his new administration promises to end a brief era of chaos we’ve seen in Washington, DC since early 2021. But for investors, Biden also represents a few major opportunities in the market. scholarship holder.

Take a look at the current trends! During his early days in office, Biden vowed to delve directly into climate issues. He is expected to immediately join the Paris climate agreement and remove permits for the Keystone XL pipeline. This signals to the alternative energy bulls that Biden will keep his historic promises, including a $ 2 trillion investment in clean energy. Today it means hydrogen names like Connect the power (NASDAQ:PLUG) and Fusion fuel (NASDAQ:HTOO) are in motion. Tomorrow we might see more of the same.

Investors should also keep a close watch on cannabis stocks. Now that Democrats have a slight lead in the Senate, it’s likely lawmakers will decriminalize marijuana at the federal level. However, legalization depends on Biden and new Vice President Kamala Harris. Keep an eye out for high-flying names like Producers of sundials (NASDAQ:SNDL) in the coming days.

For more, read InvestorPlace.com’s note on hydrogen stocks here.

Fellow n ° 2: Cathie Wood

space shuttle launching into space

Source: Seul / Shutterstock.com

Cathie Wood sent a group of actions to the moon last week after announcing it Ark Invest was launching a new exchange traded fund. Especially the Space exploration ETF, which will trade under ARKX, offers investors concentrated exposure to the burgeoning space industry. It’s no secret that Wood has made many bold calls during his career, including the You’re here (NASDAQ:TSLA) before it’s cool. She and her company are renowned for their innovation, which means her big bet on space is getting attention.

What does this mean for investors? Expect the space segment to stay warm. Galactic Virgo (NYSE:SPCE) shines like a pure game, just like Maxar Technologies (NYSE:MAXR). In the coming weeks, also look for special purpose acquisition companies to move forward on industry deals.

To learn more, read InvestorPlace.com’s note on space PSPCs here.

Fellow # 3: Elon Musk

Close-up of Tesla (TSLA) CEO Elon Musk.

Source: vasilis asvestas / Shutterstock.com

There’s no way to make a list of stock market players without including Tesla CEO Elon Musk. Even when he doesn’t share company news, he still has major power in the market. As evidence, consider the fact that Tesla is hiring customer service reps to handle the “social media escalations” targeting the EV leader.

So how is Musk going to move the market this week? Beyond lighting a fire in a random penny stock, it looks like Tesla’s CEO will reinvigorate the rhetoric of Chinese electric vehicle makers. That’s because his company launched a Chinese-made Model Y SUV and started deliveries to 10 cities. Experts believe that expanding the Chinese market is key to Tesla’s success. It also shows a growing trend in the automotive world. Companies like Nio (NYSE:NIO) and Xpeng (NYSE:XPEV) are increasingly popular with US investors. Traditional car manufacturers like General Motors (NYSE:GM) plan to launch all-electric vehicles in China first.

Musk has a head start, and this week proves it. Keep an eye on what he’s doing and his social media accounts.

For more, read InvestorPlace.com’s brief on Musk’s Signal’s stock market mania here.

Fellow n ° 4: Michael Klein

A photo of the 2018 Lucid Motors Air EV.

Source: ggTravelDiary / Shutterstock.com

Michael Klein is a heart breaker. Last week the man behind the blank check company Churchill Capital IV (NYSE:CCIV) had investors wrapped around their fingers. It’s because Bloomberg reported that his special-purpose acquisition company was in talks to bring Lucid engines Public. CCIV’s stock has skyrocketed, all because of what Lucid Motors stands for.

For those who aren’t familiar, Lucid Motors is an intriguing electric vehicle maker. Led by a former Tesla engineer, the company sees itself as a real competitor in the luxury passenger market. And perhaps more importantly, Lucid is about to begin deliveries of its flagship sedan.

Unfortunately, Klein did not confirm the SPAC merger. Today he issued a statement responding to shareholder concerns about the unusual transactions. In that post, he declined to comment on Lucid Motors SPAC merger rumors, and said his blank check company was considering a variety of potential business combinations. As a result, CCIV stock is down in intraday trading – talk about stock movements!

To learn more, read InvestorPlace.com’s note on CCIV share here.

Fellow # 5: Richard Branson

A photo of Virgin Group founder Sir Richard Branson in Vancouver, Canada.

Source: Sergei Bachlakov / Shutterstock.com

Last on this list of stock movers is Sir Richard Branson, and he’s had a few good days. The business mogul behind the Virgin Group saw his Virgin Galactic scene return, announcing that he was fixing issues that caused his last test flight to fail. Then the ARKX news saw the SPCE share increase. Indeed, many investors saw Virgin Galactic shares as an obvious solution for the new exchange-traded fund.

But that’s not all. Branson is behind a long list of companies, including other names in the space industry. Its private businesses include Virgin orbit, which plans to launch small satellites into space to help transform the industry. Over the weekend, Virgin Orbit successfully launched 10 of these satellites into orbit, using a rocket attached to a jet plane to accomplish the feat. It also marks a comeback for Virgin Orbit, which saw its own test flight fail eight months ago. And because Branson also runs his own blank check company, Acquisition of VG (NASDAQ:VGAC), this leads to major movements.

Above all, Branson said CNBC hosts that he plans to make Virgin Orbit public through SPAC. While he hasn’t said for sure if he would use VGAC to do so, the shares of the Branson-backed blank check company are skyrocketing on their own. As the space race continues to heat up on Wall Street, keep Branson and his various endeavors in mind.

To learn more, read InvestorPlace.com’s note on VGAC stock here.

As of the publication date, Sarah Smith does not hold (neither directly nor indirectly) any positions in any of the securities mentioned in this article.

Sarah Smith is a Web Content Producer with InvestorPlace.com.

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