Why Climate Change Crisis Real Impact I Acquisition Corporation Stock Fell 25.9% in February

Shares of Climate Change Crisis Real Impact I Acquisition Corporation (NYSE: CLII) slid 25.9% in February, according to data from S&P Global Market Intelligence. The special purpose acquisition company (SPAC) got caught in the pullback for electric vehicle (EV) stocks that hit at the end of the month. Climate Change Crisis Real Impact is on track to complete its merger with electric-charging specialist EVgo in this year's second quarter.