Nikola's stock has rallied by more than 50% over the last week, but the rally looks unsustainable to me. The company's fundamentals are still extremely weak and the competition is likely to intensify.
Nikola Corporation (NASDAQ:NKLA) shares have experienced increased volatility this week. The stock is bouncing around Thursday after the EV maker announced it successfully regained compliance with ...
Earlier this week, Nikola (NKLA) stock fell to a new record low. While the electric vehicle (EV) stock has since recovered slightly, it is still down almost 80% for the year. The stock has been ...
Nikola (NASDAQ: NKLA) has been working to grow a customer base for its hydrogen-fueled electric trucks. The company, in fact, announced a large order for the electric vehicles (EVs) last month. But ...
Many investors dream of betting on a low-priced penny stock that can deliver multibagger returns when its fortune improves. With a current share price of just $0.64, Nikola (NKLA +300.00%) seems to ...
Electric truck maker Nikola (NASDAQ: NKLA) continues to work to grow its business, and it announced some new progress this week. That led to a jump in the stock price. As of early Friday morning, ...
On Thursday, zero-emission transportation start-up Nikola Corporation ("Nikola") reported another set of uninspiring quarterly results. The company continues to burn substantial amounts of cash.
The company will conduct a big reverse stock split next week. Here's why that's worrying investors. As of 10:30 a.m. ET, Nikola's shares were down about 23.3% from Wednesday's closing price. The ...
Last month, Nikola (NASDAQ:NKLA) shares cratered in price, following the announcement and completion of a 1-for-30 reverse stock split. However, so far this month, Nikola stock has been bolting out of ...
Nikola Corporation (NASDAQ:NKLA) shares are trading lower Thursday. Nikola effected a 1-for-30 reverse stock split after the closing bell Monday and shares commenced trading on a split-adjusted basis ...