The most recent trading session ended with Nikola (NKLA) standing at $0.63, reflecting a +1.7% shift from the previouse trading day's closing. The stock's performance was ahead of the S&P 500's daily gain of 0.89%. At the same time, the Dow added 1.03%, and the tech-heavy Nasdaq gained 1.25%.The pioneer in zero-emission trucks's shares have seen a decrease of 12.25% over the last month, not keeping up with the Auto-Tires-Trucks sector's loss of 2.46% and the S&P 500's gain of 3.56%.The investment community ...

Nikola (NASDAQ: NKLA) stock price continued its strong downtrend this week as sentiment in the EV industry worsened. It was trading at $0.6370 on Friday, bringing the YTD losses to 27.25%. It has crashed by more than 61% in the past 12 months and by almost 95% since going public.Nikola faces significant dilution risksCopy link to sectionNikola stock price has continued plunging amid more bad news for the EV industry. On Thursday, we reported that Fisker was considering bankruptcy as its cash burn continues. ...

In this video, Motley Fool contributors Jason Hall and Tyler Crowe explain why Nikola (NKLA -6.00%) is loaded with risk now and what makes Stellantis (STLA -0.94%) and Quantumscape (QS -5.10%) better stocks to buy on the future of electric cars.*Stock prices used were from the afternoon of March 12, 2024. The video was published on March 14, 2024. ...

While many pockets of the market are starting to feel like 2021 again (just check out the crypto rally we’re seeing lately), certain previous high-flyers haven’t felt the love to the same degree. Nikola (NASDAQ:NKLA) is one such company struggling to regain optimism. Shares of NKLA stock are down another 6% today and trading firmly at penny-stock levels.Today’s move comes after the company announced its new Chief Financial Officer. Thomas Okray will be taking over the position, which has been managed by Ste ...

Electric vehicles are one of the most exciting trends in the technology space. EVs hold the promise to deliver a great driving experience for consumers while helping the world hit key environmental goals.However, the growth of the EV market will not necessarily be a straight line upward. There are peaks and valleys along the way, and right now the industry is in a downtrend. Between high-interest rates, falling government subsidies in some markets, and rising competition, EV makers are facing price wars and ...

Nikola (NASDAQ: NKLA) stock price has moved sideways in the past few weeks as investors reflected on last month’s results and the company’s outlook. It has constantly remained below $1 and has retreated by over 16% this year. As a result, it has severely underperformed the broader market as the S&P 500 and Nasdaq 100 indices have surged to record highs.Dilution is still possibleCopy link to sectionNikola Corp has been a troubled company for years. It’s founder is expected to report to prison soon while the ...

Experienced CFO primed to take on new opportunities with zero-emissions trucking and hydrogen infrastructure solutions PHOENIX, March 4, 2024 /PRNewswire/ -- Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy supply and infrastructure solutions, via the HYLA brand, today announced the appointment of an accomplished and highly regarded financial executive, Thomas "Tom" B. Okray, who has joined the company's executive team as Chief Financial Officer (CFO). Nikola ...

Nikola (NKLA) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.Individual investors often find ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-38495 Nikola Corporation (Exact name of registrant as specified in its charter) | Delaware | 82-4151153 | | --- | - ...

Nikola (NKLA) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Over the past month, shares of this pioneer in zero-emission trucks have returned -9.1%, compared to the Zacks S&P 500 composite's +3.8% change. During this period, the Zacks Automotive - Domestic industry, which Nikola falls in, has gained 8.1%. The key question now is: What could be the stock's future ...