What's Going On With Nikola Corporation Stock Today?
Portfolio Pulse from Erica Kollmann
Nikola Corporation (NASDAQ:NKLA) shares are trading higher, recovering from recent losses. The stock has been volatile in September due to several corporate developments. Nikola appointed Mary Chan as COO and Joseph S. Cappello as president of Nikola Energy. The company also announced a deal with ITD Industries to become the first dealer for Nikola Class 8 EV trucks in Canada. Nikola has also enacted a voluntary recall of its battery electric vehicles (BEV).
September 25, 2023 | 3:32 pm
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Nikola Corporation's stock is trading higher, recovering from recent losses. The company has seen several corporate developments, including new appointments and a deal with ITD Industries.
The stock is trading higher due to several positive corporate developments, including new appointments and a deal with ITD Industries. However, the company has also enacted a voluntary recall of its BEVs, which could have a negative impact in the short term.
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