Nkla Stock News Gm

Nkla stock drops 7 amid ongoing talks with gm and sexual abuse allegations against nikola s milton sep 30 2020 10 03 utc by daria rud 3 min read photo.

Nkla stock news gm. Troubled electric truck company nikola nasdaq nkla and its partner general motors. Nkla de nio crsr. Gm was to receive 47 7 million new shares of nikola s stock which spiked on the news to above 50 a share. Investorplace 4 top stock trades for friday.

Speculation around the gm deal has fueled outsized volatility for nikola. Gm announced a delay in its deal to acquire 11 of nikola nasdaq. 29 2020 4 44 am et about. As of 11 00 a m.

Nikola tumbles on concerns over gm deal gauntlet of stock nov. Nkla stock nikola s management quickly stepped in the following day to calm investor fears sending. Yoel minkoff sa news editor our transaction with nikola nasdaq. Yoel minkoff sa news editor no comment.

Nkla has not closed a gm spokesperson said monday in an email. Nikola corporation nkla by. The sum accounts for roughly 24 of nikola s shares outstanding making any stock sale from milton a risk to nikola bulls. A wall street analyst initiated coverage of the company late last week with a bullish note.

Nikola shares rallied as much as 13 on wednesday after general motors president mark reuss said he still plans for the automakers to ink a partnership. 25 2020 2 47 am et about. Shares of electric truck start up nikola nasdaq nkla were higher on monday. Electric car stocks sold off on news of a probe in china while nikola failed to assuage investors on a proposed gm partnership.