NKLA Stock Recent News

New station marks major step towards decarbonizing Canada's busiest commercial transport sector TORONTO , July 30, 2024 /PRNewswire/ -- Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy supply and infrastructure solutions, via the HYLA brand, together with ITD Industries, opened the first commercial hydrogen refueling station for the heavy-duty transportation sector in Ontario. The station, located at ITD Industries' headquarters in Etobicoke, ON, is situated at 161 The Westmall, a pivotal location near Highway 401, Highway 427, and the Queen Elizabeth Highway (QEW).

Fisker had production issues and supply chain disruptions, and struggled to deliver vehicles. Nikola needed a recent reverse stock split to stay compliant on the Nasdaq Stock Market.

Nikola is nowhere close to breaking even on its electric semitrucks. The company is eating its metaphorical tail.

Do you like roller-coaster rides? If not, then you probably shouldn't invest in electric vehicle (EV) manufacturer Nikola (NASDAQ: NKLA ).

As the stock market navigates through 2024, certain stocks are showing signs that they might not be the best holdings for your portfolio. Here are three “ticking time bombs” that investors might consider as stocks to sell, to preserve capital and improve one's overall risk-adjusted returns.

Nikola reported better-than-expected sales of its innovative trucks.

Last month, Nikola (NASDAQ: NKLA ) shares cratered in price, following the announcement and completion of a 1-for-30 reverse stock split. However, so far this month, Nikola stock has been bolting out of the stock market junkyard.

Nikola kept its stock from being delisted with a reverse stock split. Its business is gradually stabilizing after a tumultuous three years.

PHOENIX , July 9, 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 it will report its second quarter ended June 30, 2024 financial results and business updates on Friday, August 9, 2024. On that day, Nikola's management will hold a conference call and webcast at 10:30 a.m.

Nikola (NASDAQ: NKLA) stock price has rebounded sharply this month, making it one of the best-performing companies in Wall Street. It rose to a high of $11.80 on Monday, up by over 61% from its lowest point this year.