Nikola shares are slumping. A report says the hydrogen-truck maker is nearing bankruptcy.
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Nikola shares are experiencing a significant decline following a report by The Wall Street Journal indicating that the hydrogen-truck maker is nearing bankruptcy.
February 07, 2025 | 11:00 am
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Nikola's stock is under pressure due to reports of the company nearing bankruptcy, as reported by The Wall Street Journal.
The report from The Wall Street Journal about Nikola nearing bankruptcy is likely to cause a negative sentiment among investors, leading to a decline in the stock price. Bankruptcy concerns are critical for investors as they directly impact the company's viability and future operations.
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