• LAZR Monster Deal

  • Nov 10 2021
  • Duración: 1 h y 3 m
  • Podcast

  • Resumen

  • Episode Summary:On Today SPACs Attack Chris & Money Mitch talk about all the latest SPAC industry top movers.Interview with VPC Impact Acquisition Holdings III, Inc. merger partner, Dave CEO, Jason Wilk (NYSE: VPCC) Guests: Dave CEO, Jason Wilkhttps://dave.com/Hosts:Mitch HochTwitter: https://twitter.com/STORYInvestorsChris KatjeTwitter: https://twitter.com/chriskatjeFor FASTER NEWS and IN-DEPTH market data, check out Benzinga Pro. For a free two-week trial go to http://pro.benzinga.com/registerListen to SPACs Attack Archive hereSubscribe to all Benzinga Podcasts hereSign up for the SPACs Attacks Newsletter hereGet 20% off Benzinga PRO https://benzinga.grsm.io/youtube20Become a BENZINGA AFFILIATE and earn 30% on new subscriptionsDisclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.Unedited Transcript:How we doing traders? Welcome to the one, the only the spacs attack. And yes, we missed yesterday. There was monster moves out there. So we'll talk all about them right here on the specs attack. You guys give us a thumbs up and let's get the show started.Welcome back traders. Let's go ahead. Let's bring on the brains to the show. Chris catchy. What's going on? Happy Wednesday to you. Yeah, no show yesterday. Benzinga FinTech awards. I know I enjoyed those. A lot of great insight from FinTech companies on what's ahead for retail traders. So definitely enjoyed that.We got a jam packed show today, though. We got feel announcements today. Yesterday, we got earnings yesterday. Today we got earnings later tonight to talk about, we got a monster move yesterday and we of course have an interview to get into as well. Of course, like always, we're going to get into an interview with Dave banking for humans.If you want to find out all about Dave, stick around, we'll get into that interview after our headlines. Let's go ahead and knock out some of these headlines. I know there's a lot to talk about Chris. So Chris is going to be going through it. Step-by-step this is where you guys get the information for the day right here on spec tech.So Chris, take us back to those headlinesAll right guys. Yeah, a lot to get to today. We'll try to break it all down for. Starting with rating, uh, upgrades and initiations. We have Fisker FSR credit Suisse, initiating coverage yesterday with an outperform rating and a price target of $32. A nice call out here from credit Suisse. Uh, I am long Fisker again, they have the auto show later this month, so definitely a catalyst to watch.And then we have skin S K I N the beauty health company, da Davidson maintaining, uh, by raising the price target to $32 company did have earnings last night. I'll get to that in a little bit. D M Y Q, which is merging with play at Northland capital initiating with a price target of $16. This is I think the third analyst now to issue a, a rating on planet pre deal close.So a definitely an interesting one, again, a Niccolo DiMasi spec that we know well here on the show, but a nice $16 call-out today. And then a couple Eve players, lucid motors, El CID, bank of America, raising the price. From $30 to $60. So $60, the new price target from bank of America in a new, a call-out of EBV names to watch.And then also a raising the price target of Fisker bank of America. That is from $18 to $24. So two notes on Fisker over the last two days and lucid the $60 price target. Uh, so some nice, uh, analysts notes out there and then turning to our big news yesterday, uh, L a Z R. So this is Lou Minnaar a LIDAR company.It was announced that they were selected for the Novidium drive Hyperion autonomous vehicle reference platform. So their long range LIDAR solution is part of the best in class sensor suite to help deliver safe, highly assisted and full self-driving capabilities. Um, so again, the video, a leader in the chip space, artificial intelligence software is partnering with Luminar with their LIDAR technology level three highway driving configuration.This could be a big deal, right? If a lot of companies partner with either Luminar or in a video in the autonomous vehicle space, that's an area that we have talked about a lot here on the show. Um, so L a Z R the big leader yesterday, we'll take a look at that, uh, chart later on today, and then turning to earning so many companies D specs reporting earnings over the last couple of days.Uh, today we have wheels up ticker UPP, third quarter sales, 302 million up from 194.8 million in the prior year. Then we have V go one of the high flyers earlier this week, uh, Eve go third quarter sales, $6.2 million, speeding a street estimate of 5.4 million, and they see full year revenue hitting a range of 20 to $22 million versus a street estimate of $20.3 million.One of our big gainers ...
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