Nikola Corp. (NASDAQ: NKLA) Highlighted for Surprising Price Action

October 2, 2024 10:22:30

Nikola Corporation (NASDAQ: NKLA) has caught the attention of the investment community today with its bullish price action. The company’s shares have moved 13.97% on the day to $5.3.

Nikola Corporation operates as a technology innovator and integrator that works to develop energy and transportation solutions. It operates through two business units, Truck and Energy. The Truck business unit develops and commercializes battery hydrogen-electric and battery-electric semi-trucks to the trucking sector. The Energy business unit develops and constructs a network of hydrogen fueling stations; and offers BEV charging solutions for its FCEV and BEV customers.

So far today, approximately 4.52M shares of Nikola Corporation have been exchanged, as compared to an average 30-day volume of 2.69M shares.

Nikola Corporation share prices have moved between a 52-week high of $45.3 and a 52-week low of $4.1. The stock has moved 11.24% over the past week.

To learn more about Nikola Corporation, visit the company’s website at https://www.nikolamotor.com.

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