Nikola Options Spot-On: On January 24th, 154.1K Contracts Were Traded, With 588.82K Open Interest
On January 24th ET, $Nikola(NKLA.US)$ had active options trading, with a total trading volume of 154.1K options for the day, of which put options accounted for 76.84% of the total transactions, and
U.S. stocks fluctuation | Nikola rises over 10% on news that it is exploring the sale of part of its Business or the entire company.
On January 24, Gronghui reported that Nikola (NKLA.US) rose over 10%, reaching $0.93. According to Bloomberg, the electric vehicle manufacturer Nikola is exploring various options, including selling part of the business or the entire company, as the company is struggling to deal with cash shortages. (Gronghui)
Nikola Eyes Sale, New Partners As It Risks Running Out Of Cash By End Of First Quarter
Nikola is exploring the sale of part or all of its Business to address the Cash / Money Market shortage issue.
On January 24, according to Bloomberg, the electric vehicle manufacturer Nikola is exploring various options, including selling part of its Business or the entire company, as it struggles with cash shortages. According to insiders, the possibilities Nikola is considering also include bringing in partners or raising new funds. The company has been facing high costs associated with increasing the production of its Fuel Cell Energy electric trucks. As of the end of September last year, the company's cash and cash equivalents had significantly decreased to $0.1983 billion, while by the end of 2023, it was $0.4647 billion.
Nikola (NKLA.US) is studying the sale of part or all of its Business.
Nikola's stock price fell by 27.8% on Thursday, after reports indicated that this troubled electric truck manufacturer is exploring options to sell part or all of its Business.
Boeing, Nikola, Texas Instruments, Intuitive Surgical, And Tesla: Why These 5 Stocks Are On Investors' Radars Today
Market Chatter: Nikola Mulls Assets Divestment or Outright Sale to Tackle Cash Crunch
Shares of Cash-strapped Nikola Nosedive on Report of Potential Sale
Nikola Options Spot-On: On January 23rd, 157.37K Contracts Were Traded, With 538K Open Interest
On January 23rd ET, $Nikola(NKLA.US)$ had active options trading, with a total trading volume of 157.37K options for the day, of which put options accounted for 74.26% of the total transactions, and
Express News | Nikola Shares Down 28% in Late-Afternoon Trading
Express News | EV Maker Nikola Explores Sale, Partnerships With Cash Dwindling - Bloomberg News
Why Nikola (NKLA) Shares Are Falling Today
Nikola Slides to an All-time Low Amid Bankruptcy Speculation
Editor-in-Chief at Electrek Fred Lambert Posts On X "A Source (a New Source Can't Confirm but Has Some Credibility) Says Nikola CEO Stephen Girsky Is Out, and the Bankruptcy Filing Is Already in the Hands of Lawyers. More Employees Are Being Let Go...."
Q3 Rundown: Nikola (NASDAQ:NKLA) Vs Other Automobile Manufacturing Stocks
Trump 'Uncertainty' Claims a Victim. Ford Stock Catches a Downgrade. -- Barrons.com
Tesla's 'Trump Bump' Fades as Stock Falls Alongside Rest of EV Sector
As expected! On the first day of his presidency, Trump signed an executive order to cancel support for the electric vehicle Industry.
① Trump ordered the cancellation of the regulation that "by 2030, half of all new cars sold in the USA will be electric vehicles," and will freeze the remaining government funds used for the construction of car charging stations, canceling the US government's support for the Electric Vehicle Industry. ② Trump also stated that he will consider ending the electric vehicle tax credit and pledged to increase oil production in the USA, canceling Biden's clean energy initiative.
Express News | The incoming White House officials stated that Trump will end tax incentives for electric vehicles. (Financial Association)
The "Trump 2.0" storm is coming! Which Industries are set to soar and which Industries will cool down?
Investors are preparing for a major policy shift.