Nikola Corp. Stock Slips 28.7%, Underperforms Market

Dow Jones02-25

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of Nikola Corp. cratered 28.7% to $0.18 on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.4% to 43,621.16 and the NASDAQ Composite Index falling 1.4% to 19,026.39.

This was the stock's fifth consecutive day of losses.

Nikola Corp. closed 99.5% below its 52-week high of $34.50, which the company reached on April 1st.

Trading volume totaled 35.6 million, compared to the 50-day average of 22.4 million.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

February 25, 2025 16:33 ET (21:33 GMT)

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