FSR - What's Going On With Nikola Stock? | Benzinga
Nikola Corp (NASDAQ:NKLA) shares are trading lower by 5% to $0.61 Monday, despite a lack of company-specific news for the session. Shares may be falling amid ongoing volatility in the broader EV sector amid peer EV company Fisker Inc (NYSE:FSR) falling significantly in recent sessions following a Wall Street Journal report suggesting the company is preparing for a possible bankruptcy filing.
Additionally, Fisker on Monday announced it secured a financing commitment of up to $150 million from an existing investor through four tranches, subject to certain conditions including the filing of its 2023 Form 10-K.
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