Nikola Shares Plunge as Company Eyes Secondary Stock Offering

Nikola Shares Plunge as Company Eyes Secondary Stock Offering

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Shares of electric truck maker Nikola (NKLA) are plunging 15% after the company announced plans to raise $100 million in a secondary stock offering and possibly a private sale of stock to an unnamed investor if the offering raises less than $100 million. The secondary offering, announced on…

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