Your email has been successfully added to our mailing list.

×
0 0 0 0 0 -0.00679281901989311 -0.00497331392527895 0.00897622513343048
Stock impact report

Nikola seeks financial lifeline amid bankruptcy rumors [Yahoo! Finance]

Worthington Industries, Inc. (WOR) 
Last worthington industries, inc. earnings: 3/26 06:55 am Check Earnings Report
Company Research Source: Yahoo! Finance
In This Article NKLA (Photo: ZF Friedrichshafen AG / Nikola Motors) The sun may be setting for Phoenix-based Nikola Motors after a recent Bloomberg report said the electric truck maker is considering a possible sale or partnership as it attempts to raise capital to stay afloat. This is not new for Nikoka, but like a financial game of musical chairs where you burn the chairs to keep warm, there may be no more chairs left. MSN reported that Nikola's stock price has collapsed to a record low . The company once worth $26 billion in 2020 is now estimated at $74 million. The issue is Nikola requires a substantial amount of capital to keep the lights on. Luca Socci, an investor with Seeking Alpha wrote , “Nikola needs around $500 million per year to fund its operations. Every year it needs to find new investors to finance its operations. So far, either through share issuance or private investors, the company has been able to cope and survive.” A SPAC, a short seller, a former fo Show less Read more
Impact Snapshot
Event Time:
WOR
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for WOR alerts
Opt-in for
WOR alerts

from News Quantified
Opt-in for
WOR alerts

from News Quantified