Churchill Capital XI is trading at $12.08, down 5%, as the decline appears primarily tied to global macro pressure.

  • On September 24, 2026, stronger business-activity data reinforced expectations that interest rates may remain elevated; the 10-year Treasury yield surged to about 5.14%, a level not seen since 2007.
  • Reuters reported the yield reached 5.145% amid a wider bond-market selloff.
  • No clear company-specific announcement surfaced on September 24; financial-sector weakness added to the selling.