Nikola Corp. filed a $100 million public offering of company stock. with a private buyer agreeing to buy shares the company cannot sell.
Investors drove shares in the electric truck and hydrogen fuel startup to an all-time low in after-hours trading Thursday. Nikola trades on the Nasdaq under the symbol NKLA.
Nikola starved for operating cashStarved for cash, Nikola plans to produce hydrogen-powered fuel cell electric trucks (FCEVs) for sale in the fourth quarter. The company said Wednesday it...
https://www.freightwaves.com/news/nikola-shares-plunge-to-all-time-low-after-100m-stock-offering