24
Dec
10:03
Nikola shares slump after electric garbage truck deal collapse
Shares in electric vehicle start-up Nikola fell by 10.7% after a deal to supply electric garbage trucks collapsed, Kallanish reports.
Nikola announced on 23 December that an agreement with US refuse removal firm, Republic Services, to collaborate on the development of electric refuse trucks had been discontinued. The company’s share prices dropped 10.7% on the back of the announcement, falling to $15.04 at market close (4PM EST) from its opening position of …
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Anonymous
Very good overview of the weekly steel market.
Anonymous