When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
NKLAW - General Motors: Nikola Deal Shines The Spotlight On The Opportunity For Value Unlock
Nikola Corporation Warrant expiring 6/3/2025
There have been a number of questions raised about General Motors' (GM) recent deal with Nikola (NKLA), especially in light of the short report issued by Hindenburg. I don't have a view on the accuracy of the claims made in the short report, but I do not believe it particularly matters to the GM case.
In my view, the GM-Nikola deal is pure option value for GM - not only does GM get a board seat and an 11% stake (valued at ~$2bn at deal announcement) but it also does not