Nikola (NKLA) Stock Gains Neary 9% after Founder Trevor Milton Was Ordered to Repay $165M
Nikola is expected to report its third-quarter earnings result on November 2, amid a push by the management to make the company profitable.
Nikola’s CEO Michael Lohscheller Steps Down, Company Releases Q2 2023 Report
Nikola’s second-quarter results not only revealed insights into its financial situation but also demonstrated the company’s aggressive measures to strengthen its financial base.
Nikola (NKLA) Stock Shoots 60% on Securing Deal of Hydrogen-Powered Trucks
Nikola seized two major deals with BayoTech and Bosch on supplying them with its hydrogen-powered trucks. In return, BayoTech will offer its HyFill hydrogen transport trailers while Bosch shall provide its fuel cells power modules.
Nikola Plans to Raise $100M in Secondary Common Stock Offering
Like many other automakers, Nikola has been struggling to stay afloat in the sinking water of macroeconomic constraints.
Lucid, Nikola, Lordstown Motors Suffer Underwhelming EV Production Numbers amid Macroeconomic Constraints
By
Tolu Ajiboye
EV makers Lucid, Nikola, and Lordstown saw their stock decline mostly owing to disappointing failures regarding their production figures.
SPAC Boom Goes into Silence with No Issuance in July and Prospect of Strict Regulation
Amid the 2021 mania, SPAC deals were 59% of the total new listings in 2021.
Nikola Stock Advances 19%, JPMorgan Reduces NKLA Price Target from $40 to $35
The JPMorgan analyst lowered his price target for Nikola stock on execution risks related to a “tarnished brand.”
Nikola (NKLA) Stock Plunges 10% Upon Contract Termination with Republic Services
Over the past year, NKLA has climbed 25.64% and nearly 46% since the beginning of 2020. However, Nikola has lost 28.94% in the last three months.
Nikola Shares Drop 24% after GM Scales Down Partnership Deal
By
staff writer
Nikola shares have been on a rollercoaster in the past few months. Today they have lost nearly 24% of their value.
Nikola (NKLA) Shares Down 9% in Pre-market Due to Uncertainties on $2B Deal with GM
By
John K. Kumi
Nikola investors are looking forward to the partnership deal with General Motors as it may cause a positive reflection on the company’s shares.
Tesla Hits New Milestone as Its Market Cap Jumps Above $500B
As Tesla records continuously increase, the net worth of the company’s CEO has been rising as well.
NKLA Shares Closed 17.72% Up After Nikola Says It Will Maintain Production Targets
Nikola (NKLA) stock closed 17.72% up following the company’s claims to maintain its production timeline. However, it is still unable to erase the over 35% loss suffered since the whole Hindenburg Research saga.
NKLA Stock Drops 7% amid Ongoing Talks with GM and Sexual Abuse Allegations against Nikola’s Milton
By
Darya Rudz
When the $2 billion deal with GM was announced, Nikola said it expected to close it before September 30. However, the companies have not managed to finalize the agreement.
NKLA Stock Drops to New Lows, Wedbush Downgraded Nikola as Its Shares Are Too Risky
NKLA stock price dropped yesterday. The fall is largely attributed to the report which claimed that Nikola is “an intricate fraud built on dozens of lies over the course of its founder and executive chairman Trevor Milton’s career.”
NKLA Stock Tanks 25% as Nikola Faces Allegations of Fraud and Misleading Investors
The latest report from Hindenburg Research accusses Nikola for defrauding investors about the preparedness of its hydrogen-fuel technology. Stock tanks more than 40% in the last three days.