Famous Nikola Rolling Down The Hill Video Will Be Part Of Trevor Milton Trial
A video of a truck from Nikola Corp (NASDAQ: NKLA) became the talk of the financial world after a short report questioned if the truck was actually driving. Nikola later admitted the truck was rolling downhill.
Tesla Giga Canada Rumors, Ford’s Sizzling EV Sales, Lucid, Nikola Tap Equity Market, Canoo Loses Top Manufacturing Executive: Week’s Biggest EV Stories
Electric vehicle stocks fell across the board in the week ended September 2 amid macroeconomic concerns that rocked the market. The August jobs report, the U.S. government’s move to restrict chip exports to China, and the shutting down of the Nord Stream 1 offshore pipeline that supplies oil from Russia to Europe all served to intensify risk aversion in the market.
Why Nikola Shares Are Falling
Nikola Corp (NASDAQ: NKLA) shares are trading lower by 8.12% to $5.48 Tuesday morning after the company filed a prospectus related to the issuance and sale of common stock from time to time up to $400 million.
Alleged Fraudster, Nikola Founder Is Back And He’s Buying Up His Old Stock
Nikola Corporation (NASDAQ: NKLA) founder Trevor Milton has quietly purchased shares of the Phoenix-based electric vehicle company ahead of his September fraud trial.
Why Revlon Shares Jumped 90%; Here Are 83 Biggest Movers From Yesterday
Gainers
Liberty TripAdvisor Holdings, Inc. (NASDAQ: LTRPB) shares jumped 187.3% to close at $48.03 on Monday after gaining around 18% on Friday.
12 Industrials Stocks Moving In Monday’s After-Market Session
Gainers
Sentage Hldgs (NASDAQ:SNTG) shares rose 10.4% to $0.63 during Monday's after-market session. The market value of their outstanding shares is at $8.8 million.
This Biotechnology Stock Is Trading Lower By 77%, Here Are 62 Stocks Moving In Monday’s Mid-Day Session
Gainers
Ontrak, Inc. (NASDAQ: OTRK) gained 102% to $1.3150. Ontrak is expected to report financial results for the second quarter on Tuesday, August 9, 2022.