Nikola tumbles to record low on $100 million stock sale
Shares of Nikola Corp (NKLA.O) hit a record low on Friday after the electric-truck maker said it plans to sell shares and raise $100 million, amid high production costs. Nikola said late Thursday it will sell about 29.9 million shares in public offering and 59.4 million shares to hedge fund Antara…
#nikolacorp #nikola #antaracapitallp #phoenix #arizona #btig #gregorylewis #teslainc #rivianautomotiveinc #lordstownmotorscorp
