Why Nikola Stock Is Getting Crushed This Week
Nikola announced a large order for its hydrogen trucks last month. Investors, though, are losing confidence that the company can build out the needed infrastructure to succeed.
Nikola shares dive on plans for reverse stock split
Nikola Corp (NASDAQ:NKLA) shares had plummeted by over 27% in afternoon trading Thursday following the announcement of a 1-for-30 reverse stock split. The split, approved by its Board of Directors, is set to take effect next Monday, June 24.
Nikola Corporation stock plummets 21% after Nasdaq-compliant reverse stock split announcement
Nikola Corporation stock experienced a significant drop, plummeting nearly 13% during premarket trading on Thursday. This decline followed the company's announcement of an upcoming 1-for-30 reverse stock split, a move approved by its board of directors.
Nikola's Stock Is Slumping. Its Board Made a Grim Decision.
Nikola will conduct a 1-for-30 reverse stock split next week. Details of the plan have raised investors' concerns.
NKLA Stock Plunges as Nikola Announces 1-for-30 Reverse Split
Nikola (NASDAQ: NKLA ) stock is down on Thursday after the hydrogen truck company announced a reverse stock split for its shares. Nikola's board of directors has approved a one-for-30 reverse stock split for NKLA shares.
Nikola plans 1-for-30 reverse stock split to comply with Nasdaq listing rules
Nikola on Thursday announced a 1-for-30 reverse stock split to comply with Nasdaq listing rules.
Forget Nikola, Buy This Magnificent EV Stock Instead
Nikola needs to overcome some tough existential challenges this year. Li Auto, which is a lot healthier, isn't attracting as much attention.
Nikola stock price analysis: time to buy or go short NKLA?
Nikola (NASDAQ: NKLA) stock price has slumped to a record low even as the company continues to make progress. It has plunged by over 42% this year in line with the performance of other similar companies like Tesla, Nio, Lucid Group, and Rivian.
Nikola Stock: Buy, Sell, or Hold?
Nikola struggled for years to get production up and running. The company is working on building out hydrogen-fuel infrastructure to support its hydrogen-fueled trucks.
Nikola (NKLA) Stock Slides as Market Rises: Facts to Know Before You Trade
Nikola (NKLA) reachead $0.50 at the closing of the latest trading day, reflecting a -0.16% change compared to its last close.
Penny Stock Powerhouses: 3 Under-$1 Picks Set to Soar 1,000%
Penny stocks are known for their extreme price fluctuations. Due to low liquidity and low market capitalization, even small changes in demand can cause drastic price swings, making them highly unpredictable.
The Penny Stock Minefield: 3 Stocks to Steer Clear Of at All Costs
The stock market's been on an epic run over the past several months, and analysts expect even bigger gains ahead. Much of that enthusiasm is tied to potential interest rate cuts later this year.
