NKLA - Nikola Corporation
| Previous close | 65.90 |
| Open | 64.27 |
| Bid | 58.20 x 1200 |
| Ask | 58.45 x 1000 |
| Day's range | 55.00 - 65.20 |
| 52-week range | 10.27 - 93.99 |
| Volume | 22,635,194 |
| Avg. volume | 20,642,940 |
| Market cap | 20.64B |
| Beta (5Y monthly) | N/A |
| PE ratio (TTM) | N/A |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | 79.00 |
- Yahoo Finance
'It's Tesla's world and everyone else is paying rent': analyst
Here's why Tesla's stock continues to be on fire.
- Yahoo Finance
'The days of $100 oil are over': Bubba Trading founder
“The days of $100 oil are over,” says Bubba Trading founder and CEO Todd Horwitz.
- Stockopedia
Will Nikola's price keep soaring?
Studies by leading experts into the power of price momentum show that stocks with the strongest price trends tend to keep up the pace for anywhere up to one ye...
- Bloomberg
Nikola Sells $5,000 Reservations for Truck With No Prototype
(Bloomberg) -- Even in the innovative world of electric vehicles, it’s an unusual proposition: Plunk down as much as $5,000 now to reserve the right in a few years to buy a battery-powered truck, before seeing a prototype or manufacturing plan to assure it’ll ever be built.That’s what Nikola Corp., the Phoenix-based company whose sudden stock surge has captured the attention of investors, is asking customers to do starting Monday. The reservations, which are refundable, take a page from Tesla Inc.’s playbook, but they require would-be vehicle buyers to take an even bigger leap of faith than Elon Musk ever did.Nikola founder Trevor Milton has said he hopes the truck, called the Badger, will one day rival Ford Motor Co.’s F-150, which for 43 years has been America’s best-selling pickup. Nikola went public on June 4 through a reverse merger, and the stock more than doubled on June 8 after he tweeted that Nikola would start taking reservations on June 29 for what he called “the most bad a-- zero emission truck.”Nikola told prospective investors before going public that its focus was on producing a different type of vehicle -- big rig semi trucks starting with a model called the Tre. In a March filing, the company said it didn’t expect to draw up plans for the Badger pickup unless an established manufacturer agreed to make it.Nikola will have more details to share this summer about its Badger manufacturing partnership, Colleen Robar, a spokeswoman for the company, said in an email. Investors haven’t registered any concerns about Nikola’s unorthodox approach to vehicle sales. The shares closed Friday at $63.55, up 87% since their listing, and rose as much as 7.4% shortly after the start of regular trading Monday. At $22.9 billion, Nikola’s market capitalization at the close Friday was just short of the $23.5 billion valuation for Ford, which unveiled its next-generation F-150 pickup last week.Read more: Nikola Founder Has $7.4 Billion Fortune on Free Truck OrdersTesla has accepted reservations for models before the company started production, including for this year’s new Model Y SUV. But customers at least had a prototype to look at, and Musk has now marketed five different vehicles. Nikola doesn’t expect to start delivering its first semi truck to customers until next year. It has a joint venture with CNH Industrial NV, whose Iveco unit has been building big rigs for decades, to manufacture the Tre in Germany.Nikola’s plan to work with manufacturing partners is a contrast with Tesla, which went through what Musk repeatedly referred to as “production hell” trying to mass-produce the Model 3 with its own factory. Cowen & Co. analyst Jeffery Osborne said in a June 17 report that Nikola’s outsourcing strategy could mitigate risk.So far, Nikola has shared only computer renderings of the Badger, and has said it will cost between $60,000 and $90,000. Milton predicts it’ll be a hit. “Most likely it’ll be sold out, so be ready and gets yours reserved,” he tweeted on June 15.Interested buyers have to pay close attention to Milton on social media, where details about the Badger come out in drips and drabs. Milton tweeted on June 8 that he expects deliveries of the Badger to begin in 2022, but exact details would be laid out in a partnership announcement before an event he called nikolaworld2020.Eleven days later, he announced that Nikola World would take place in December -- about five months after Nikola starts taking reservations for the Badger. It will be unveiled on Dec. 4.(Updates with shares trading in the sixth paragraph.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
- Yahoo Finance
Ford COO: New F-150 pickup truck essential to carmaker's future
Ford looks for a U-turn in its financials with the introduction of the newly redesigned F-150.
- IPO-Edge.com
Replay: IPO Summit Webinar with Sidley, Nasdaq, MorganFranklin, ICR
IPO Edge hosted virtual IPO Summit to discuss a number of timely topics ranging from corporate governance to the upcoming election season that issuers may need to consider. A replay of the approximately 90-minute event will be can be accessed here. The webcast, hosted in partnership with Sidley Austin LLP, MorganFranklin Consulting, Nasdaq, ICR, and The Palm Beach Hedge Fund Association, included […]
- IPO-Edge.com
IPO Edge to Host IPO Summit Webinar TODAY at 12 EST
Virtual Event Participants include Sidley Austin LLP, MorganFranklin Consulting, Nasdaq, and ICR As the capital markets gradually recover and companies begin planning for initial public offerings, IPO Edge will host a virtual IPO Summit to discuss a number of timely topics to help corporate issuers prepare. The approximately 90-minute event will be on Thursday, June […]
- Yahoo Finance
'We are going to see a down in the gutter type' Trump and Biden presidential campaigns: analyst
Investors should be prepared for verbal bombs to be tossed between President Donald Trump and challenger to his throne in former vice president Joe Biden.
- Yahoo Finance
Why Shark Tank's Barbara Corcoran says Nikola founder 'lacks credibility' versus Elon Musk
Shark Tank's Barbara Corcoran says she wouldn't put her money in the hot new electric truck company Nikola.
- Yahoo Finance
Why President Trump losing the election really worries this veteran trader
Why isn't the stock market concerned about a Trump loss in November? Maybe it should be.
- Yahoo Finance
We're seeing a surge in searches for 'day-trading techniques': Investopedia
A surge in brokerage accounts combined with speculation on risky stocks are a hazardous recipe, says one market watcher.
- Yahoo Finance
GM CEO: 2020 will go down as 'tragic year' due to COVID-19 and social unrest
GM CEO Marry Barra gives an update on the automaker's business.
- Yahoo Finance
Stocks of bankrupt companies going bananas despite companies being broke
Recently, shares of companies in severe financial distress — including Chapter 11 bankruptcy — have been very popular for day traders, a sign that has many concerned.
- Yahoo Finance
4 reasons the market sold off on Thursday: Morning Brief
Top news and what to watch in the markets on Friday, June 12, 2020.
- Yahoo Finance
Trump should be worried about another stock market meltdown
Time for a long overdue stock market correction?
- Yahoo Finance
The IPO class of 2020
This year’s batch of IPO’s is receiving a warm welcome from the public markets. The recent rally in equities has encouraged companies looking to debut publicly, to strike the iron while it’s hot.
- Yahoo Finance
Big oil might really see a decade of change in one year: Morning Brief
Top news and what to watch in the markets on Wednesday, June 10, 2020.
- Stockopedia
Relative Strength Alert: Will the Nikola (NAQ:NKLA) share price keep rising?
Despite the market volatility, shares in Nikola (NAQ:NKLA) have been in an uptrend in recent months. The question now for investors is whether that price stren...
- Yahoo Finance
Demand for $100,000-plus RVs soar after the COVID-19 pandemic: Thor Industries CEO
Have you bought your RV yet for the summer? Everyone is doing it, suggests Thor Industries CEO Bob Martin.
- Yahoo Finance
Nikola founder: We want to crush the Ford F-150
Nikola shares have been on fire since their recent debut on the Nasdaq. founder Trevor Milton tells Yahoo Finance why.
- IPO-Edge.com
Sidley Austin Attorneys: SPAC Extensions Hit Record After Coronavirus Freeze
By John Jannarone When the coronavirus put Wall Street on pause, the clock didn’t stop on special-purpose acquisition companies (SPACs), which have a finite amount of time to find a target. Many of them were able to find a solution – ask investors for an extension. A total of 28 extensions have been granted on […]
- Yahoo Finance
Lamborghini sales stay hot with stock market soaring again: CEO
Lamborghini sales stay nicely in motion despite the global economic downturn. Yahoo Finance chats with Lamborghini Chairman and CEO Stefano Domenicali.
- Yahoo Finance
Nikola is like Amazon and could be worth a $100 billion someday: founder
Yahoo Finance speaks with Nikola founder Trevor Milton as the electric- and hydrogen-powered truck maker debuts on the Nasdaq.
