Nikola Corp. Stock Rises Monday, Outperforms Market

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Company profile

AppFolio, Inc. is a provider of cloud business management solutions for the real estate industry. The Company’s solutions enable its customers to digitally transform their businesses, automate and streamline critical business operations. AppFolio solutions are designed to meet that need in the real estate industry and assist an increasingly interconnected and growing ecosystem of users, including property managers, property owners, real estate investment managers, rental prospects, residents, and service providers, with critical transactions across the real estate lifecycle, including screening potential tenants, sending and receiving payments and providing insurance-related risk mitigation services. Its solutions include AppFolio’s platform, AppFolio Property Manager and AppFolio Property Manager Plus. It also offers a variety of value-added services, including electronic payment services, tenant screening services and insurance.

Nikola Corp. Stock Rises Monday, Outperforms Market

5:12 pm ET November 14, 2022 (MarketWatch) Print

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

Shares of Nikola Corp. (NKLA) advanced 3.70% to $3.08 Monday, on what proved to be an all-around rough trading session for the stock market, with the NASDAQ Composite Index falling 1.12% to 11,196.22 and Dow Jones Industrial Average falling 0.63% to 33,536.70. This was the stock's third consecutive day of gains. Nikola Corp. closed $11.05 below its 52-week high ($14.13), which the company reached on November 15th.

The stock outperformed some of its competitors Monday, as Paccar Inc. (PCAR) rose 0.09% to $102.34 and Oshkosh Corp. (OSK) rose 0.14% to $92.69. Trading volume (10.6 M) remained 3.3 million below its 50-day average volume of 13.9 M.

Data source: Dow Jones Market Data, FactSet. Data compiled November 14, 2022.

(END) Dow Jones Newswires

November 14, 2022 17:12 ET (22:12 GMT)