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home / news releases / NKLA - Hot Stocks: Macau relief; NKLA delivery; ADP hits high; LGVN drops; INNV plunges on CMS sanctions

NKLA - Hot Stocks: Macau relief; NKLA delivery; ADP hits high; LGVN drops; INNV plunges on CMS sanctions

Nikola Corporation
Stocks carried their recent optimism into the long holiday weekend, scoring modest gains on Thursday. The rally included Macau casino stocks, which rose on a promising signal from Chinese regulators. The news sparked gains in Melco Resorts & Entertainment (NASDAQ:MLCO), Las Vegas Sands (NYSE:LVS) and Wynn Resorts (NASDAQ:WYNN). Nikola (NASDAQ:NKLA) represented another standout gainer on the session. The stock posted a double-digit percentage rally on news of the delivery of its first EV truck. The upward momentum also carried Automatic Data Processing (NASDAQ:ADP). Fueled by a rival's earnings report from earlier in the weak, ADP was able to set a fresh 52-week high. Even with the overall gains on the session, Thursday's pre-Christmas session included its share of stocks that made Santa's naughty list. This included Longeveron (NASDAQ:LGVN), which dropped nearly 20% on the filing of a stock-sale prospectus. At the same time, a regulatory decision caused InnovAge Holding (NASDAQ:INNV)

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Hot Stocks: Macau relief; NKLA delivery; ADP hits high; LGVN drops; INNV plunges on CMS sanctions
Stock Information
Company Name: Nikola Corporation
Stock Symbol: NKLA
Market: NASDAQ
Website: nikolamotor.com
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