NIKOLA CEO ANSWERS STOCKHOLDER QUESTIONS AND ADDRESSES FUTURE IN FIRESIDE CHAT
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Nikola (NKLA) considers reverse stock split as Nasdaq compliance hangs in the balance
June 2, 2023 2:46 PM EDTAmerican electric truck builder, Nikola (NASDAQ: NKLA) said Thursday that the company may need to execute a reverse stock split if its stock does not comply with Nasdaq's minimum bid price requirements within a certain period.
Nikola, whos stock closed at $0.57 on Thursday, has been battling mounting losses, high cash burn and sluggish demand for its battery-powered trucks. The company announced... More
