NKLA Stock Surges 25% on Q2 Update. Is This a Comeback for Nikola?
Nikola(NKLA) Investor Place·2024-07-09 04:27
Nikola (NASDAQ:NKLA) stock rose more than 25% today on reports that the electric vehicle (EV) maker had wholesaled 72 Class 8 Nikola hydrogen fuel cell trucks in its fiscal second quarter. This is above even the high end of previous guidance to wholesale 60 units. Shares of NKLA stock ended today up by 17%.What does this mean for the sometimes-troubled truck company?Well, if today’s stock action is any indicator, it could be a positive sign for things to come. Indeed, Nikola reported that it wholesaled 112 ...