Episode Summary:On Today SPACs Attack Chris & Money Mitch dive into the NOV SPAC Calendar and take a deep look into each one and the chances of them running.
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What's going on team. Guess what? Darth Vader, Mitch and Chris catchy. What's going on. Hey, what's up everyone.
Yeah. We got a great show today. Um, Mitch, whether or not your voice sounds like Darth Vader. I mean, the news is the same, right? We're here to provide the news, the headlines and the trade ideas for the spec world out there. Uh, yeah, let's go ahead and let's smash that, like, let's get started. We got a lot of people here, uh, ready to go.
Um, what do you think, Mitch? Should we start with some headlines? We'll definitely get into those headlines. Like first things first, we've got to start up the specs. What's going on, traders out there. Yes. Is Darth Vader Mitch here, but guess what? I got the crystal pedia. That's all we need, man. What's going on, Chris?
Yeah. I mean, uh, it's an exciting day out there. We got a lot of movers, again, something we've been seeing, you know, all week with a lot of SPACs trading up, you know, 3%, 5%. We've got a couple double digit leaders today, too. And of course we did have that deal yesterday. Right. Um, for, uh, black rifle, coffee and shares were up quite a bit in the early morning session.
They did pull back, but they ended the day up 15%. So that was a nice, you know, one day deal announcement, move something we're starting to see. Um, what's. Yeah. You know, one thing that we're keeping an eye out for is what's going to happen. Is this the next wave? Is this, is this just certain ones moving? I mean, there's a lot going on.
I mean, I, I, myself, even in two of them that have been moving up today, uh, up one. 16% up another charge starting to see it a curve at the bottom there. We'll see what happens. I mean, it's definitely an environment where we're getting back to the spec game and you need to know which ones are, which so that you guys can get onto these before.
Not after they run. Uh, Chris, I know that you have some headlines for us. Let's go ahead and take us back to those headlines and then we'll get into the watch list and see what's out there and what's moving.
All right guys. Yeah. Not a ton of, of headlines today. Um, but let's get through them and then, you know, we'll look at that watch list and then we're going to get into some trade ideas as well. So the big news this morning, we had two former SPACs announcing a part. So embark is partnering with Luminar to accelerate the commercial SAS, autonomous truck deployment.
So that ticker, N G a B and L a Z R right there on the screen. So the state-of-the-art LIDAR sensors will power Embark's autonomous trucking solution. Enabling more advanced, safer self-driving for its commercial trucking platform. Um, this partnership gives embark and its carriers partners access to Luminari cutting edge long range.
LIDAR sensor embark is working on delivery of 14,200 non-binding truck reservations for 2024. So definitely something to keep an eye out on. Then we have a, the news from Zillow, right. And we're going to get into this later in the trade idea