NKLA Stock Alert: Nikola Receives Nasdaq Non-Compliance Notice
NKLANikola(NKLA) InvestorPlace·2024-01-23 00:01

The countdown has officially started for Nikola (NASDAQ:NKLA), as Nasdaq provided the electric truck company with a non-compliance notice on Jan. 19 due to its shares closing below $1 for 30 consecutive trading days. Now, NKLA stock will have 180 calendar days, or until July 17, to close at or above $1 for at least 10 consecutive business days. NKLA has traded below $1 since Dec. 5.If Nikola is unable to achieve Nasdaq’s $1 requirement by July 17, it may be eligible for another 180-day calendar extension as ...