Nikola Corporation (NASDAQ:NKLA) shares are trading higher Thursday. The company will report its second-quarter financial results on Friday before markets open.
What To Know:
NKLA shares are up nearly 65% in the last five days and are moving higher on above-average trading volume, according to Benzinga Pro.
Nikola announced on Wednesday, via the HYLA brand, that it has surpassed 200 sales orders for the Class 8 Nikola hydrogen fuel cell electric vehicles. The 202 sales orders for the heavy-duty EV trucks represent 18 end customers.
Nikola will report its second-quarter financial results on Friday before the markets open and will hold a conference call to discuss the results at 10:30 a.m. ET the same day. The company is expected to report a loss of 22 cents per share and revenue of $15.43 million, according to estimates from Benzinga Pro.
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NKLA Price Action: According to Benzinga Pro, Nikola shares are trading 14.1% higher at $3.45 at the time of publication.
Image: Courtesy of Nikola Corporation
