Nikola shares are trading lower after the company said a Nikola truck that caught fire late last month reignited again on Sunday afternoon.
Portfolio Pulse from Benzinga Newsdesk
Shares of Nikola Corporation (NKLA) are trading lower after a Nikola truck that caught fire late last month reignited again on Sunday afternoon.
July 24, 2023 | 12:37 pm
News sentiment analysis
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NEGATIVE IMPACT
Nikola Corporation's stock is trading lower due to a fire incident involving one of its trucks.
The news about the Nikola truck catching fire again is directly related to Nikola Corporation and negatively impacts the company's reputation and investor confidence, which is reflected in the lower stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100