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Huge News for Nikola Stock Investors

By Parkev Tatevosian, CFA – Nov 2, 2024 at 7:20AM

The trucking company is making progress in developing its innovative alternative fuel trucks.

Nikola (NKLA 39.01%) stock investors received a quarterly update from the company that showed massive losses on the bottom line.

*Stock prices used were the afternoon prices of Oct. 30, 2024. The video was published on Nov. 1, 2024.

About the Author

Parkev Tatevosian, CFA
A Fool since 2019, and a graduate of Cal State LA with a B.S. in Finance and M.A. in Economics. Parkev is an adjunct professor of Finance and enjoys reading about financial and economic history. You'll often find him writing about stocks in the consumer goods and technology sectors.
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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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