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Nikola Corporation (NKLA)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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1.2100-0.1900 (-13.57%)
At close: 04:00PM EDT
1.2400 +0.03 (+2.48%)
After hours: 07:59PM EDT
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Trade prices are not sourced from all markets
Previous Close1.4000
Bid1.2100 x 40000
Ask1.2100 x 45900
Day's Range1.1500 - 1.2700
52 Week Range1.1500 - 10.8800
Avg. Volume13,093,103
Market Cap674.436M
Beta (5Y Monthly)1.51
PE Ratio (TTM)N/A
EPS (TTM)-1.6800
Earnings DateMay 03, 2023 - May 08, 2023
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est4.50
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    Nikola stock slides on $100 million stock offering

    Yahoo Finance Live anchors Rachelle Akuffo discuss the decline in stock for Nikola.

  • Reuters

    Nikola tumbles to record low on $100 million stock sale

    Nikola said late Thursday it will sell about 29.9 million shares in public offering and 59.4 million shares to hedge fund Antara Capital L.P., an existing holder of the company's convertible bonds. Wall Street was concerned after Nikola's offering price of $1.12 represented a 20% discount over its last close of $1.40 on Thursday. "Despite the $100 million cash injection, management still has a lot of work to do to balance cash burn against its existing cash," said BTIG analyst Gregory Lewis, and downgraded the stock to "neutral" from "buy".