BUZZ-Nikola shares surge 27%, set for their best day since September 2023

Reuters07-09

** Shares of electric vehicle maker Nikola up 26.9% at $11.42, set for their biggest daily jump since September 2023

** Last week, deliveries of NKLA's hydrogen-fuel cell trucks surged 80% in Q2 compared to preceding quarter.

** More than 8.5 mln shares traded during the day, over double the 25-day moving avg. volume of 3.7 mln - LSEG data

** NKLA was among top-trending tickers on retail trader platform Stocktwits.com

** Company had delivered 72 Class 8 Nikola hydrogen-fuel cell trucks to wholesalers in the quarter, exceeding its own estimates of 50 to 60 trucks

** Up to last close, NKLA down ~66% YTD

(Reporting by Jaspreet Singh in Bengaluru)

((Jaspreet.Singh@thomsonreuters.com ; ))

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