Nikola shares are trading higher on above-average volume. The company and BayoTech announced an agreement to advance reliable hydrogen supply for zero-emission commercial fuel cell electric vehicle fleets.
Portfolio Pulse from Benzinga Newsdesk
Nikola Corporation and BayoTech have announced an agreement to advance reliable hydrogen supply for zero-emission commercial fuel cell electric vehicle fleets. This news has led to a surge in Nikola's shares on above-average volume.
July 13, 2023 | 4:35 pm
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Nikola's partnership with BayoTech to advance hydrogen supply for zero-emission commercial vehicle fleets has led to a surge in its stock price.
The partnership with BayoTech is a positive development for Nikola as it could enhance the company's capabilities in the zero-emission commercial vehicle market. This news has been well received by the market, leading to a surge in Nikola's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100