FinancialBuzz.com’s latest The Buzz Show: Featuring Our Corporate News Recap on “ Nikola Shares Rise Upon New Business Plan”
Nikola (NASDAQ: NKLA) rose over 15% during trading as the company confirms its new business plan following the resignation of founder and former Executive Chairman, Trevor Milton.
After sexual abuse and fraud allegations, the company is down over 60% since the upcoming deal with GM, which granted it an 11% stake in the company, was announced.
Nikola Corporation is globally transforming the transportation industry. As a designer and manufacturer of zero-emission battery-electric and hydrogen-electric vehicles, electric vehicle drivetrains, vehicle components, energy storage systems, and hydrogen station infrastructure, Nikola is driven to revolutionize the economic and environmental impact of commerce as we know it today. Founded in 2015, Nikola Corporation is headquartered in Phoenix, Arizona.
For more information, please visit: Nikola Corporation
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