PHOENIX--(BUSINESS WIRE)--M&M Residual, LLC (together with its affiliates and the participants named herein, the “Concerned Stockholder Group,” “we” or our “Group”) owns approximately 4.5% of the outstanding common stock of Nikola Corporation (Nasdaq: NKLA) (“Nikola” or the “Company”), making it a top stockholder. Today, the Concerned Stockholder Group issued the below statement regarding its nomination of five highly qualified and independent director candidates for election to the Company’s nine-member Bo ...

In the latest trading session, Nikola (NKLA) closed at $0.74, marking a -1.35% move from the previous day. The stock's change was less than the S&P 500's daily loss of 0.48%. Elsewhere, the Dow saw a downswing of 0.37%, while the tech-heavy Nasdaq depreciated by 0.82%.The pioneer in zero-emission trucks's stock has climbed by 20.62% in the past month, exceeding the Auto-Tires-Trucks sector's gain of 2.01% and the S&P 500's gain of 5.3%.The upcoming earnings release of Nikola will be of great interest to inv ...

Energy expert joins Nikola's Board as 2024 infrastructure business expandsPHOENIX, Feb. 16, 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 energy and infrastructure expert Carla Tully, to its Board of Directors. Over more than two decades, Tully has built a successful track record leading and scaling energy organizations across Fortune 150, private ...

Nikola (NASDAQ: NKLA) stock price has continued its sell-off this year as investors rotate to Internal Combustion Engine (ICE) companies like Toyota and Honda. The stock has retreated by over 20% and is hovering near its lowest point in 2023. It has crashed by more than 95% from its all-time high.Continues to disappointCopy link to sectionNikola has been one of the most disappointing automakers in the past few years. It and its founder, Trevor Milton, were accused of fraud and the company has been a cash-bu ...

Nikola (NKLA) closed the most recent trading day at $0.72, moving +1.59% from the previous trading session. The stock outperformed the S&P 500, which registered a daily gain of 0.57%. On the other hand, the Dow registered a loss of 0.14%, and the technology-centric Nasdaq increased by 1.25%.Prior to today's trading, shares of the pioneer in zero-emission trucks had lost 3.67% over the past month. This has was narrower than the Auto-Tires-Trucks sector's loss of 6.06% and lagged the S&P 500's gain of 5.07% i ...

Nikola Corp. said Friday that it has rejected the five “dissident” nominees to its eight-member board of directors — nominees proposed by M&M Residual LLC, the entity of the founder of the hydrogen- and electric-truck maker Trevor Milton.“The director nominees have no public company experience, add no skills or experience to the board, and indisputably lack the depth of experience that the current Nikola board members bring to the company,” Nikola’s board said in a statement.Milton’s M&M Residual owns 51.05 ...

Milton, Former Executive Chair, Criminally Convicted and Sentenced to 48 Months in PrisonPHOENIX, Feb. 9, 2024 /PRNewswire/ -- Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy supply and infrastructure solutions, said today that its Board of Directors has rejected a slate of five dissident nominees proposed by an entity controlled by former Executive Chairman Trevor Milton for election as directors at Nikola's 2024 Annual Meeting of Stockholders. Nikola Corpo ...

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.Shares of this pioneer in zero-emission trucks have returned -11.7% over the past month versus the Zacks S&P 500 composite's +6.5% change. The Zacks Automotive - Domestic industry, to which Nikola belongs, has lost 16.1% over this period. Now the key question is: Where could the stock be headed in the ne ...

Nikola (NASDAQ:NKLA) stock is in the news Monday after the green fuel company opened its first hydrogen refueling station in Southern California.Nikola newest location is designed to refuel Class 8 hydrogen trucks. The company notes that this facility can refuel up to 40 of these trucks per day. The company will also offer 24/7 support at the refueling station.Investors will note that this is part of Nikola’s plan to open 60 of these refueling stations in the years to come. That includes having nine of them ...

Shares of Nikola Corp (NASDAQ: NKLA) are in focus today after the hydrogen fuel cell electric vehicles company opened its first Hyla hydrogen refueling station.Where is Nikola’s hydrogen refueling station located?Copy link to sectionThe said station is located in Ontario, California and has capacity to serve as much as 40 Class 8 trucks. The Nasdaq-listed firm is committed to setting up another eight hydrogen refueling solutions before the second half of 2024. Ole Hoefelmann – the president of Nikola Energy ...