Nikola Stock Surges After Appointment of New COO Nikola stock climbed double-digits Monday after the electric truck start-up announced a new addition to its leadership team. New Chief Operating Officer Nikola (ticker: NKLA) appointed Mary Chan as chief operating officer. Chan previously served as a managing partner at advisory firm VectoIQ, where she helped with ...
SEO Friendly News Article champc/iStock via Getty Images Stock futures little changed on Monday as investors await the Federal Reserve’s next policy decision, expecting steady interest rates at its meeting this week. Here are some of Monday’s biggest stock movers: Biggest stock gainers Nikola’s (NASDAQ:NKLA) stock climbed more than 8% after the electric vehicle firm ...
Stock Futures Mostly Higher as Auto Workers Strike Big Three Automakers Impact of Auto Workers Strike on Stock Market Stock futures were mostly higher Friday as Wall Street weighed the impact of the strike by workers at the Big Three auto makers. The strike has caused fluctuations in the stock market. Positive Economic Data in ...
SEO Friendly News Article Nikola’s Stock: Can It Bounce Back? Introduction Nikola initially impressed investors when it went public through a merger with a special purpose acquisition company (SPAC) on June 3, 2020. However, recent developments have raised concerns about the company’s future. The Rise and Fall of Nikola Nikola’s stock started trading at $37.55 ...
Nikola Founder Loses Bid for a New Trial Nikola Founder Loses Bid for a New Trial Nikola founder Trevor Milton was denied a new trial on his federal fraud convictions. (Photo: Nikola Corp.) Nikola Corp. founder Trevor Milton lost his bid for a new trial when the judge in his case rejected a defense claim ...
What happened Shares of electric and fuel-cell-powered truck company Nikola (NKLA 6.94%) soared 11% through 12:15 p.m. ET this afternoon after Barron’s reported that the California State Teachers’ Retirement System (CalSTRS, the second-largest pension fund in the U.S.) has increased its investment in the EV company. So what In the second quarter of 2023, CalSTRS ...
Nikola Shares Drop as Company Raises Cash and Faces Challenges Convertible Bond Offering Nikola plans to sell up to $325 million in convertible bonds The initial closing of the note offering is expected to generate around $125 million Selling convertible bonds can decrease the value of a company’s stock due to share dilution Investors reacted ...
Stock Market News Stock Market News: U.S. Steel Rejects Buyout Offer, Tesla Cuts Prices in China, and More Introduction Stock futures were rising on Monday as markets have stumbled to add to this year’s rally during August. The focus for Wall Street this week will be on minutes of the Federal Reserve’s latest policy meeting ...
SEO Friendly News Article 47% of Warren Buffett’s $375 Billion Portfolio Is Invested in 3 Artificial Intelligence (AI) Stocks Warren Buffett, one of the most successful investors of all time, has allocated a significant portion of his $375 billion portfolio to artificial intelligence (AI) stocks. According to recent reports, approximately 47% of Buffett’s portfolio is ...
SEO Friendly News Article Shares of Nikola Fall After Better-Than-Expected Q2 Results Text size Shares of Nikola are up about 60% this year. Courtesy Nikola Introduction Shares of electric heavy-duty truck maker Nikola fell sharply after the company reported better-than-expected second-quarter results. But the earnings numbers aren’t the only things that matter right now. Q2 ...
