What's Going On With Nikola Shares?
Portfolio Pulse from Erica Kollmann
Nikola Corporation (NASDAQ:NKLA) shares are trading higher ahead of its Q2 financial results announcement. The company has also announced that it has surpassed 200 sales orders for its Class 8 Nikola hydrogen fuel cell electric vehicles. The company is expected to report a loss of 22 cents per share and revenue of $15.43 million.
August 04, 2023 | 2:13 pm
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POSITIVE IMPACT
Nikola Corporation's stock is trading higher due to anticipation of Q2 results and announcement of over 200 sales orders for its hydrogen fuel cell EVs.
The rise in Nikola Corporation's stock can be attributed to the anticipation of its Q2 results and the announcement of over 200 sales orders for its hydrogen fuel cell EVs. This shows positive market sentiment and increased investor confidence in the company's performance and product demand.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100