Archive List for Nikola

EV maker Nikola stock drops as CEO to step down

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#nikola #ev #yahoofinance Nikola shares fall after the announcement that CEO Michael Lohscheller will step down and be replaced by Stephen Girsky at the end of the month. The EV maker also won shareholder backing to issue new stock. Yahoo Finance Live’s Julie Hyman and Jared Blikre break down the report. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. Discover new opportunities with […]

Nikola stock rises for five straight days

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#Nikola #youtube #yahoofinance Nikola shares rise for five straight days. Yahoo Finance Automotive Reporter Pras Subramanian takes a look at the company’s stock movement. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. Discover new opportunities with expert research and investment ideas backed by technical and fundamental analysis. Optimize your trades with advanced portfolio insights, fundamental analysis, enhanced charting, and more. To learn more […]

Nikola faces fraud allegations from short seller Hindenburg Research

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Yahoo Finance’s Alexis Keenan reports on the latest fraud allegations against Nikola. #Nikola #Nikolafraudallegations #Hindenburg Short seller Hindenburg Research has doubled down on allegations made last week that Nikola Motor Company (NKLA) spun an “ocean of lies,” calling the electric-truck startup’s response to the allegations a “tacit admission of securities fraud.” In a statement published Tuesday, Hindenburg rejected Nikola’s response to the claims, saying they failed to dispel doubts about a deceptive video that made it seem as if its Nikola One semi-truck were traveling under its own power at a high rate of speed. The short seller further criticized the company for purportedly answering just 10 of 53 questions […]