Tag: Nikola

Why Nikola Stock Is Climbing Today

Shares of electric heavy-truck maker Nikola (NASDAQ: NKLA) were moving higher on Thursday after the company said it produced over 40 of its fuel-cell-powered semitrucks in the first quarter. As of 10:30 a.m. ET, Nikola’s shares were up about 10.8% from Wednesday’s closing price. Nikola produced 43 of its long-range fuel cell electric semi trucks […]

Why Nikola Stock Ran Out of Gas Today

Shares of electric truck maker Nikola (NASDAQ: NKLA) had been on a roll over the last month, but those gains hit a wall today. The stock has rocketed more than 30% higher since early March, and that includes a big drop today. After dropping as much as 16.5% Tuesday morning, Nikola shares were still lower […]

Why Nikola, Solid Power, and Blink Charging Skyrocketed This Week

Shares of EV and hydrogen vehicle stocks jumped this week as investors took a risk-on approach to the market and a government official gave some potentially positive news to the industry. But the bounce may not last if there aren’t fundamental improvements in the financial performance of these stocks. According to data provided by S&P […]

Nikola Soared Again Thursday. Is the Red-Hot Stock a Buy Right Now?

Nikola (NASDAQ: NKLA) stock recorded another day of big gains in Thursday’s trading. The electric vehicle (EV) company’s share price closed out the daily session up 14%. Nikola stock began gaining ground last week after the company celebrated the opening of its first Hyla hydrogen refueling station in Southern California. The rally received an extra […]

Why Nikola Stock Soared Today

Shares of Nikola (NASDAQ: NKLA) soared by more than 15% Thursday morning. The stock got a boost from some company-specific news as well as fresh publicity for hydrogen as a transportation fuel. As of 11:10 a.m. ET today, Nikola stock remained higher by 10.6%. That helped the share price exceed the $1 level that is […]

Is Nikola Stock a Buy?

Driving almost 24% lower since the start of the year, Nikola (NASDAQ: NKLA) has failed to keep pace with the S&P 500, which has risen almost 10%. Enthusiasm for the battery truck manufacturer has powered down considerably from where it was several years ago when the stock made its debut on the public markets. The […]

Where Will Nikola Stock Be in 1 Year?

When electric truck maker Nikola (NASDAQ: NKLA) hit the public markets four years ago, investors rushed to hitch a ride. After completing its merger with a special purpose acquisition company, Nikola stock started trading at $37.55 in June 2020, and it quickly soared to almost $94 days later as investors recognized a long road of […]

Nikola (NKLA) Q4 2023 Earnings Call Transcript

Image source: The Motley Fool. Nikola (NASDAQ: NKLA)Q4 2023 Earnings CallFeb 22, 2024, 10:30 a.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Good morning, and welcome to the Nikola Corporation Fourth Quarter and Full Year 2023 Earnings and Business Update Call. [Operator instructions] As a reminder, this conference is being […]

Nikola CEO Girsky appointed as acting chief financial officer

(Reuters) – Nikola appointed its Chief Executive Stephen Girsky as the electric-truck maker’s acting chief financial officer on Feb. 14, according to a regulatory filing on Wednesday. This comes after the former Chief Financial Officer Anastasiya Pasterick resigned in November, less than a year after taking up the role. The U.S. electric truck maker named […]