Unfortunate News for Nikola Stock Investors

By Parkev Tatevosian, CFA – Jun 22, 2024 at 10:20AM

OTC: NKLA

Nikola

Market Cap

$10M

Today's Change

(1.67%) $0.00

Current Price

$0.12

Price as of May 16, 2025, 3:59 p.m. ET

The alternative energy trucking company's stock price crashed by nearly 30% following this announcement.

Fool.com contributor Parkev Tatevosian discusses what the latest development could mean for Nikola (NKLA 1.67%) stock investors.

*Stock prices used were the afternoon prices of June 19, 2024. The video was published on June 21, 2024.

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.

Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.

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