EV maker Nikola posts bigger-than-expected quarterly loss, shares fall
Nikola reported a bigger-than-expected quarterly loss on Thursday as the company continues to grapple with high costs related to the production ramp up of its fuel-cell electric truck, sending the EV maker's shares down more than 5%.
Why Nikola Stock Is Jumping This Week
Nikola just sold two trucks, but the deal could be more meaningful than it sounds.
Nikola stock price analysis: favorable risk/reward
Nikola (NKLA) stock price went parabolic on Wednesday after the hydrogen truck company published a strong production and sales report. It soared by over 20% in its best day in over a month, reaching a high of $5.90, its highest level since September 26.
Why Nikola stock soared 20% in just one day
The Nikola Corporation (NASDAQ: NKLA) once touted as the ‘Tesla of trucking' has had an extremely bumpy ride since first going public in 2020.
Why Nikola Stock Jumped More Than 25% Today
Shares of the hydrogen fuel-cell truck maker hit a 52-week low last week but are on fire today. Is it a buy?
Nikola's hydrogen-powered truck deliveries to dealers rise 22% in Q3
Nikola said on Wednesday it delivered 88 hydrogen fuel cell electric trucks to its dealers in the third quarter, up from 72 trucks in the previous three-month period, signaling steady demand for the company's big rigs.
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Where Will Nikola Stock Be in 3 Years?
Nikola's stock crashed and burned over the past three years. It struggled to ramp up its production and overcome a devastating recall.
Nikola stock: potential millionaire maker or another Fisker?
Nikola Corp (NASDAQ: NKLA) has investors wondering if it could follow Tesla Inc (NASDAQ: TSLA) in creating substantial wealth or if it's on a path similar to Fisker Inc, which succumbed to industry pressures and declared bankruptcy in June.
Convicted Nikola founder Milton owes electric truck maker $168 million, judge rules
A U.S. judge said Trevor Milton, the Nikola founder who was sentenced to four years in prison after being convicted of fraud, must pay the electric truck maker $167.7 million for making false and misleading statements about the company to the public.
Why Nikola Stock Crashed in August
Nikola had record sales in the second quarter, as 72 new hydrogen fuel cell trucks were delivered. Even with revenue of about $31 million and a cash balance of $256 million, Nikola needed to raise fresh capital.
Shares of Nikola Plunged Again This Week. Here's Why.
Nikola insiders keep selling stock. The business is in a poor place.
