NKLA - Nikola Stock Is Tumbling: What's Going On? | Benzinga
Nikola Corp (NYSE: NKLA) shares are trading lower in Wednesday's after-hours session after the company announced a series of proposed offerings.
What Happened: After the close on Wednesday, Nikola said it intends to offer $100 million of common stock and $200 million of green convertible senior notes due 2026 in separate public offerings.
Nikola said it also expects to grant the underwriters of the ...