Nkla Stock Split

4 top stock trades for friday.

Nkla stock split. Nikola corporation nasdaq nkla fits perfectly in this group as it expects to generate no revenues this year. Please see the historical prices tab for adjusted price values. Tesla competitor nikola corp. Prices shown are actual historical values and are not adjusted for either splits or dividends.

After it started trading last week following a reverse merger with vectoriq acquisition the stock is up over 80. Remember the stock market is closed on thursday for thanksgiving. Includes date and ratio. Despite calling nikola a story stock jpmorgan upgraded shares of the company on wednesday to overweight after they fell 57 from their record high to below jpmorgan s 45 price target.

Nkla de nio crsr. See nikola corporation nkla history of stock splits. It was a quiet session on wednesday the last full day of trading this week. If the share price of a security gets too high a company can perform a stock split by issuing all shareholders an extra share thereby halving the price of an individual share.

The stock split also followed a huge payout to musk part of his unprecedented compensation package. Has been on a tear since it went public last week with its stock more than doubling in a single day. But don t expect that run to last long said famed short seller. Stock splits are used by nikola corporation to keep share prices within reasonable numbers to encourage investment.

The split followed four consecutive quarters of reported profitability for tesla and a season where musk clashed with health authorities in california over covid 19 restrictions that temporarily shut down their vehicle assembly plant in fremont. Stock split history for nikola since 2020.