Geopolitics Alpha

Elroy Air CEO details Chaparral drone ahead of $961M SPAC merger

Published . Updated .

DEFENSEElroy Air CEO details Chaparraldrone ahead of $961M SPAC mergerGEOPOLITICS ALPHA

This report is about defense.

Directly affected

  • No company is named in this report.

Indirectly affected

  • ITA iShares U.S. Aerospace & Defense ETF-3.2% 30d

    iShares U.S. Aerospace & Defense ETF: it holds defense and aerospace contractors. Linked by “drone” (defense) in this story.

  • XAR SPDR S&P Aerospace & Defense ETF-7.5% 30d

    SPDR S&P Aerospace & Defense ETF: it holds defense and aerospace contractors. Linked by “drone” (defense) in this story.

  • PPA Invesco Aerospace & Defense ETF-0.9% 30d

    Invesco Aerospace & Defense ETF: it holds defense and aerospace contractors. Linked by “drone” (defense) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
ITA+2.64%+1.68%base+2.24%+2.32%after closeafter close
XARNo price data for this ticker———————
PPANo price data for this ticker———————

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Market Call

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Elroy Air CEO details Chaparral drone ahead of $961M SPAC merger Dealroom

Source: Dealroom

Defense

CompanyWhenMoveStatus
ITAthat day+2.24%final price
ITAthe next day+2.32%still updating
ITAthree days earlier+1.68%final price
ITAfive days earlier+2.64%final price

How solid the defense case looks

12 out of 100Price not final

“Elroy Air CEO details Chaparral drone ahead of $961M SPAC merger” scores 12 out of 100. The score uses 1 sources. The price is not final yet.