Nikola (NASDAQ:NKLA) stock is down on Thursday after the hydrogen truck company announced a reverse stock split for its shares. Nikola's board of directors has approved a one-for-30 reverse stock split for NKLA shares. This comes after shareholders approved a split ranging from one-for-10 to one-for-30 during an annual shareholder meeting earlier this month. The reverse stock split will see Nikola consolidate 30 shares of NKLA into a single share. The shares will keep their current ticker but will switch to ...