Streetbeat News

NKLA

Nikola Corporation

https://www.nikolamotor.com

Industry

Agricultural - Machinery

Nikola Corporation operates as a technology innovator and integrator that works to develop energy and transportation solutions. It operates through two business units, Truck and Energy. The Truck business unit develops and commercializes battery hydrogen-electric and battery-electric semi-trucks to the trucking sector. The Energy business unit develops and constructs a network of hydrogen fueling stations; and offers BEV charging solutions for its FCEV and BEV customers, as well as other third-party customers. The company also assembles, integrates, and commissions its vehicles in collaboration with its business partners and suppliers. Nikola Corporation is headquartered in Phoenix, Arizona.

Open

2.53

Mkt cap

142M

Volume

8.5M

High

2.57

P/E Ratio

-0.24

52-wk high

34.50

Low

2.32

Div yield

N/A

52-wk low

2.16

Nikola Corporation (NASDAQ:NKLA) has adjourned its 2023 Annual Meeting of Stockholders to July 6, 2023, to secure the votes needed for Proposal 2, which aims to increase the authorized number of shares of common stock. While other proposals have received the necessary votes, Proposal 2 requires a majority of all outstanding common stock for approval.

Portfolio Pulse from Happy Mohamed

June 07, 2023 | 8:21 pm

On Tuesday, 69 stocks hit new 52-week lows, with Estee Lauder being the largest company by market cap to set a new low. Westport Fuel Systems shares dropped the most, while Greenidge Generation Hldg shares rebounded the highest.

Portfolio Pulse from Benzinga Insights

June 06, 2023 | 5:54 pm

Nikola Corp's CEO believes the company will regain Nasdaq compliance and is considering a reverse stock split if the stock does not trade above $1 to comply with Nasdaq rules.

Portfolio Pulse from Bill Haddad

June 01, 2023 | 8:46 pm

Nikola Corp's CEO has stated that the company may re-enter the European market in the future, according to Reuters.

Portfolio Pulse from Happy Mohamed

June 01, 2023 | 8:42 pm

Victoria's Secret shares fell 11% due to a sharp decline in first-quarter EPS. Other stocks experienced significant gains and losses during Thursday's mid-day session, with Reunion Neuroscience, U Power, and Wearable Devices among the top gainers, while DZS, E-Home Household Service, and Aridis Pharmaceuticals were among the top losers.

Portfolio Pulse from Lisa Levin

June 01, 2023 | 4:58 pm

Tesla partners with Ford to provide access to its Supercharger network, Rivian teases its R2 model, and Nikola faces potential delisting. Tesla's Model Y becomes the bestselling car in Q1, and Nio launches its ES6 SUV. EV stocks show mixed performance for the week.

Portfolio Pulse from Shanthi Rexaline

May 27, 2023 | 2:04 pm

Dollar Tree shares dropped 14.1% after mixed Q1 results and guidance. NVIDIA shares gained 22.9% after better-than-expected Q1 results and strong sales forecast. Other stocks experienced significant price movements during Thursday's mid-day session.

Portfolio Pulse from Lisa Levin

May 25, 2023 | 5:11 pm

Nikola Corporation's shares are trading lower after receiving a written notice from Nasdaq for non-compliance with minimum bid price requirements.

Portfolio Pulse from Benzinga Newsdesk

May 25, 2023 | 5:01 pm

Nikola Corp (NASDAQ:NKLA) shares are down 18.79% to $0.63 due to Nasdaq's notification of non-compliance with the minimum bid price requirements. The company has until November 20, 2023, to regain compliance.

Portfolio Pulse from Henry Khederian

May 25, 2023 | 4:20 pm

Nikola Corp has received a written notice from Nasdaq stating that it is not in compliance with the minimum bid price requirements.

Portfolio Pulse from Happy Mohamed

May 25, 2023 | 1:25 pm

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