Electric truck maker Nikola receives delisting notice


Nikola Corp (NKLA.O) said on Thursday Nasdaq gave the electric truck maker a delisting notice for not meeting its minimum bid price requirements.
Shares of the company were down 5% at 73 cents. They fell about 78% last year on high battery material costs and production concerns.
Nikola has been trying to raise cash for operations by selling equity, like other electric vehicle…

This story appeared on reuters.com, 2023-05-25.
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