Nikola Corporation (NASDAQ:NKLA) shares are trading higher Friday. The stock recently notched a new all-time low of 49 cents. Here's a look at what's going on.
The Details:
Nikola shares fell to a new all-time low during Wednesday's session, but made a slight recovery Thursday ending the session nearly 5% higher. Shares are moving slightly higher in early trading Friday, as well.
The Russell 3000 index has begun its 2024 Reconstitution process, and Nikola Corporation is on the preliminary list of index deletions. If the deletion of Nikola proceeds, the company will be removed from the index as of the end of trading on June 28, ...