FSR - What's Going On With Nikola (NKLA) Shares | Benzinga
Nikola Corp (NASDAQ:NKLA) shares traded 6% lower to 60 cents on Thursday, despite a lack of company-specific news for the session. Shares may have fallen amid peer EV company Fisker Inc (NYSE:FSR) dropping some 54% for the session following a Wall Street Journal report suggesting the company is preparing for a possible bankruptcy filing.
The EV industry is highly competitive, and the success or failure of one company can reflect on others in the same space. If Fisker, a peer company, is facing financial troubles or potential bankruptcy, ...