Nikola plummets 21% after company files to sell 24 million shares - Business Insider

United States News News

Nikola plummets 21% after company files to sell 24 million shares - Business Insider
United States Latest News,United States Headlines
  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 51%

Nikola plummets 21% after company files to sell 24 million shares

on Friday following the market close detailing its intention to sell up to 23.9 million shares.

Additionally, existing stakeholders can sell up to 53.4 million shares, according to the filing. Nikola will not receive proceeds from the sale of stock by existing shareholders. Shareholders that filed to sell stock include BlackRock, Fidelity, and ValueAct, the prospectus said.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

BusinessInsider /  🏆 729. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

The 25 best US companies for Black, Indigenous, and employees of color in 2020 - Business InsiderThe 25 best US companies for Black, Indigenous, and employees of color in 2020 - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Read more »

9 stock picks to buy for outperformance, most innovative companies: BofA - Business Insider9 stock picks to buy for outperformance, most innovative companies: BofA - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Read more »

Instagram influencers can directly tag and sell their own products - Business InsiderInstagram influencers can directly tag and sell their own products - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Read more »

Quibi CEO Meg Whitman: What it takes to run any size company - Business InsiderQuibi CEO Meg Whitman: What it takes to run any size company - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Read more »

Netflix shares its 10 most popular original movies of all time - Business InsiderNetflix shares its 10 most popular original movies of all time - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Read more »



Render Time: 2025-03-16 09:16:25