Analysts downgraded the stock to "neutral" from "buy."
Yahoo Finance Live anchors Rachelle Akuffo discuss the decline in stock for Nikola.

Why Nikola Stock Is Sinking Again Today

11:08am, Friday, 31'st Mar 2023
The company seems desperate to raise money. A new stock offering is being priced well below the stock's all-time low.
Nikola (NASDAQ: NKLA ) is trending on social media, and NKLA stock is falling 7.5% today after the electric-truck maker announced a stock offering of as much as $100 million. The shares will be sold f
Nikola's $100 million stock offering got a cool reception on Wall Street, even with a discount.
EV startups need money. Nikola is raising more.
Electric truck maker Nikola Corp (NASDAQ:NKLA) is planning to sell shares to raise US$$100mln. The EV group is taking a two-pronged approach: It will offer stock to the public at US$1.12 a share but
Nikola Corp. filed a $100 million public offering of company stock. with a private buyer agreeing to buy shares the company cannot sell.

Nikola announces a $100 million stock offering

04:47pm, Thursday, 30'th Mar 2023
Nikola plans to raise $100 million via a secondary offering, and possibly a private investment, if needed.
Nikola Inc. NKLA, -6.67% shares declined toward an all-time low in after-hours trading Thursday, as the car maker announced plans to sell shares. Nikola announced a plan to sell $100 million in stock,

Why Nikola Shares Dropped Today

03:08pm, Thursday, 30'th Mar 2023
A week full of company news still has investors feeling uncertain on Nikola's prospects. Today the company announced it has placed purchase orders for hydrogen fuel equipment and infrastructure.
Nikola (NKLA) and its dealer receive a 100-unit sales order for Class 8 Nikola Tre hydrogen FCEVs. The company appoints Anastasiya Pasterick as Nikola's new CFO.
Nikola Press Center Are you ready for a double shot of Nikola (NASDAQ: NKLA ) news? First up, the automaker just disclosed orders for a total of 100 Class 8 Nikola Tre hydrogen fuel cell electric veh

Amid financial peril, Nikola changes CFO

06:37pm, Monday, 27'th Mar 2023
Nikola Corp. Chief Financial Officer Kim Brady will retire in April as the electric truck maker's finances raise survivability questions. Brady, 59, served five years as CFO.

Nikola Is Getting a New Financial Chief

05:40pm, Monday, 27'th Mar 2023
Chief Financial Officer Kim Brady is retiring, and Anastasiya Pasterick will take the post at the maker of electric and fuel-cell-powered trucks.
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