Nikola shares are dropping Thursday after the company announced its board of directors has approved a 1-for-30 reverse stock split. Here's a look at what's going on:
Over the past 24 hours, Internet Computer's (CRYPTO: ICP) price has risen 3.38% to $8.42. This is contrary to its negative trend over the past week where it has experienced a 15.0% loss, moving from $9.91 to its current price.
GMS Inc. reported strong Q4 net sales of $1.413B, with organic growth of 4%, driven by volume growth. Adjusted EPS missed consensus, but EBITDA and cash flow remained solid.