Nikola Corporation (NKLA)
After hours:
| Previous Close | 0.7526 |
| Open | 0.7568 |
| Bid | 0.7233 x 800 |
| Ask | 0.7298 x 21500 |
| Day's Range | 0.6801 - 0.7700 |
| 52 Week Range | 0.5210 - 3.7100 |
| Volume | |
| Avg. Volume | 68,654,952 |
| Market Cap | 726.327M |
| Beta (5Y Monthly) | 1.85 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -1.6100 |
| Earnings Date | Feb 21, 2024 - Feb 26, 2024 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 2.00 |
Motley FoolWhy Nikola Stock Plunged More Than 25% This Week
Shares of hydrogen and battery-electric truck maker Nikola (NASDAQ: NKLA) plunged this week and were trading 29% lower through 11:30 a.m. ET. Nikola has consistently banked on stocks and convertible bonds to raise funds over the past couple of years or so. This week, Nikola said it will issue stock worth $100 million as well as raise another $200 million through convertible senior notes.
BloombergNikola Slides After Share and Convertible Bond Sale Prices
(Bloomberg) -- Nikola Corp. shares fell after the electric carmaker priced the sale of shares and green convertible bonds.Most Read from BloombergApps That Use AI to Undress Women in Photos Soaring in UseThe Record Rush to Buy a Rolex or a Patek Philippe Is OverAmericans Rush to Portugal Ahead of Changes to Expat Tax BreaksApple’s iPhone and Watch Product Design Chief to Leave in Shake-UpHarvard Crisis Grows After ‘Bizarrely Evasive’ ResponseThe stock declined about 5.5% to $0.71 cents each as o
PR NewswireNikola Corporation Prices Offerings of Common Stock and Convertible Senior Notes
Nikola Corporation (Nasdaq: NKLA) today announced the pricing of its concurrent public offerings of 133,333,334 shares of common stock, at a public offering price of $0.75 per share, and $175,000,000 aggregate principal amount of 8.25% Green Convertible Senior Notes due 2026 (the "Notes"). The issuance and sale of the common stock and the Notes are scheduled to settle on December 12, 2023, subject to customary closing conditions. The completion of the common stock offering will not be contingent
