Reported 2 months ago
Nikola Corp (NASDAQ:NKLA) saw a significant share price increase following its Q2 2024 results, reporting $31.3 million in sales, up from $15.4 million the previous year. The company doubled its truck deliveries to 73 units, surpassing analyst expectations and maintaining a strong market share in California's HVIP voucher program. Despite a net cash loss and high operating costs, the stock surged 14.70%, reflecting investor optimism.
Source: YAHOO