Actionable Stock Market Trading Newswire. Built for Traders, by Traders.
All news is property of their respective owners.

What’s Going On With Nikola Corporation Stock?

Nikola Corporation (NASDAQ: NKLA) shares are trading lower on Friday. The stock is down more than 60% over the last month. What To Know:
byErica Kollmann
September 8, 2023
1 minute read
Total
0
Shares
0
0
0
0
0
0

Nikola Corporation (NASDAQ:NKLA) shares are trading lower on Friday. The stock is down more than 60% over the last month.

What To Know:

On Monday, it was reported that the lithium-ion cell battery of a Nikola electric vehicle caught fire in a third such incident for the company.

Nikola voluntarily recalled approximately 209 Class 8 Tre battery-electric vehicles in August due to the fire-risk, and the company also postponed all new BEV sales until the issues were resolved. 

According to data from Benzinga Pro, 19.42% of available NKLA shares are being sold short.

Related News: What’s Going On With Canopy Growth Stock Today?

NKLA Price Action: According to Benzinga Pro, Nikola Corporation shares are down over 9% at 95 cents at the time of publication.

Image: Courtesy of Nikola Corporation

 

 

 
Total
0
Shares
Share 0
Tweet 0
Share 0
Share 0
Share 0
Share 0
Related Posts
Read More

Prescription Race: Amazon Ramps Up Same-Day Delivery In Major Cities

By Shivani Kumaresan
March 26, 1:00 PM
Amazon (NASDAQ:AMZN) Expands Pharmacy Delivery to New York and Los Angeles: Same-Day Service for Common Prescriptions" - AMZN extends pharmacy delivery to major cities, offering quick access to essential medications like flu treatments and blood pressure management. Expansion plans include over a dozen U.S. cities by year-end, leveraging small-format facilities for efficient stock management and faster delivery options.

AMZN