Nikola shares are trading higher on heavy volume amid overall market strength. The EV maker also gained last week after shareholders reportedly rejected the company's proposal to issue more stock shares.
Portfolio Pulse from Benzinga Newsdesk
Nikola shares are trading higher on heavy volume amid overall market strength. The EV maker also gained last week after shareholders reportedly rejected the company's proposal to issue more stock shares.
June 15, 2023 | 3:37 pm
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Nikola shares are trading higher after shareholders rejected the company's proposal to issue more stock shares.
Nikola shares are trading higher due to overall market strength and the rejection of the company's proposal to issue more stock shares. This decision prevents dilution of existing shares, which is seen as a positive development for current shareholders.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100