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Technology Stocks : Nikola Corp

NKLA 0.0297

-1.0%

Nov 11 9:30 AM EST

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From: kidl	9/11/2020 8:15:06 AM
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Nikola plays defense against short report; shares down 8% and GM -2% Sep. 10, 2020 11:01 AM ET\|About: Nikola Corporation (NKLA)\|By: Clark Schultz, SA News Editor Nikola (NASDAQ: NKLA) says the negative report issued by Hindenburg Research this morning contains misleading information. "Nikola has been vetted by some of the world’s most credible companies and investors. We are on a path to success and will not waver based on a report filled with misleading information attempting to manipulate our stock," reads a statement provided to Financial Times. Nikola founder Trevor Milton, who was the subject of many of the Hindenburg slams and allegations, is also out with a response. Shares of Nikola are down 8.26% on the day, while OEM partner General Motors (NYSE: GM) is off 2.49%.

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