Spectaire Holdings, Inc. SPEC shares are trading higher Monday after the company announced a purchase order and delivery of its advanced AireCore units to American Ag Energy.
The Details:
Spectaire's AireCore mass spectrometers will be integrated into American Ag Energy’s technology for transforming agricultural waste into gaseous fuel for existing gas-fired equipment.
“We are proud to support American Ag Energy with our AireCore units,” said Brian Semkiw, CEO of Spectaire.
“Our mass spectrometers will deliver the detailed analytical capabilities needed to optimize their reactors, enhancing fuel output and operational efficiency. This collaboration underscores our commitment to advancing sustainable energy solutions through innovative technology.”
Spectaire stock closed more than 15% higher Friday and blasting higher on heavy volume Monday. According to data from Benzinga Pro, more than 10 million shares have already been traded compared to the stock's float of only 8.071 million shares.
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How To Buy SPEC Stock:
By now you're likely curious about how to participate in the market for Spectaire Holdings – be it to purchase shares, or even attempt to bet against the company.
Buying shares is typically done through a brokerage account. You can find a list of possible trading platforms here. Many will allow you to buy ‘fractional shares,' which allows you to own portions of stock without buying an entire share. For example, some stock, like Berkshire Hathaway, or Amazon.com, can cost thousands of dollars to own just one share. However, if you only want to invest a fraction of that, brokerages will allow you to do so.
If you're looking to bet against a company, the process is more complex. You'll need access to an options trading platform, or a broker who will allow you to ‘go short' a share of stock by lending you the shares to sell. The process of shorting a stock can be found at this resource. Otherwise, if your broker allows you to trade options, you can either buy a put option, or sell a call option at a strike price above where shares are currently trading – either way it allows you to profit off of the share price decline.
SPEC Price Action: According to Benzinga Pro, Spectaire Holdings shares are up 38.9% at 59 cents at the time of publication Monday.
Image: Moondance from Pixabay
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