NKLA Stock Surges 25% on Q2 Update. Is This a Comeback for Nikola?
Nikola (NASDAQ: NKLA ) stock rose more than 25% today on reports that the electric vehicle (EV) maker had wholesaled 72 Class 8 Nikola hydrogen fuel cell trucks in its fiscal second quarter. This is above even the high end of previous guidance to wholesale 60 units.
Nikola (NKLA) Stock Surges 10% on Q2 Delivery Beat
Embattled commercial vehicle manufacturer Nikola (NASDAQ: NKLA ) continues to march forward with its difficult recovery process. It provided stakeholders with a substantive piece of good news, delivering 72 hydrogen fuel cell trucks, beating its own high-end guidance of 60 units.
Why Nikola Surged Over 25% at One Point Today
Nikola reported strong hydrogen-powered truck deliveries. Given the stock's high short interest, it rallied big on Tuesday.
Nikola's hydrogen fuel cell truck deliveries surge in Q2, beating expectations
Nikola said deliveries of its hydrogen-fuel cell trucks rose 80% in the second quarter from the previous three months, surpassing the startup's expectations and signaling strong demand for the big rigs amid its pivot from battery-powered vehicles.
Nikola stock price forecast as it gets severely oversold
The Nikola (NASDAQ: NKLA) stock price continued its deep sell-off this week and moved to its all-time low as concerns about its business accelerated. It plunged to a low of $7.40 on Monday, bringing the year-to-date losses to almost 72%.
Better Hydrogen Stock: Plug Power vs. Nikola
Plug Power has struggled to scale up its business over the past two decades. Nikola is still trying to ramp up its production of electric semitrailer trucks.
Why Nikola Stock Pared Big Early Gains Today
Nikola enacted its 1-for-30 reverse split yesterday. The stock split doesn't change anything about the business, though.
Nikola (NKLA) Stock Plunges After Enacting Reverse Split
Beleaguered electric vehicle (EV) manufacturer Nikola (NASDAQ: NKLA ) found itself in the news for the wrong reasons. On June 20, the company announced that its board of directors unanimously approved a reverse split of NKLA stock at a 1-for-30 ratio.
Nikola (NKLA) Sees a More Significant Dip Than Broader Market: Some Facts to Know
The latest trading day saw Nikola (NKLA) settling at $0.35, representing a -1.82% change from its previous close.
Unfortunate News for Nikola Stock Investors
The alternative energy trucking company's stock price crashed by nearly 30% following this announcement.
Nikola reverse stock split: EV maker shares drop amid Nasdaq delisting risks as date nears
The troubled electric vehicle maker Nikola (ticker: NKLA) saw its stock price plummet yesterday by over 31%, sending it to just under 33 cents per share. The reason for this?
Nikola stock price prediction: can it get worse than this?
The plot has thickened for Nikola (NKLA) stock price as it tumbled to a record low on Thursday after the company announced a big reverse split. It crashed to $0.3270, bringing the year-to-date losses to over 60%.
