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Shares of Nikola Corp. (NKLA) tumbled 15.38% to $0.88 Friday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index rising 0.09% to 13,761.53 and the Dow Jones Industrial Average rising 0.22% to 34,576.59.
This was the stock's fourth consecutive day of losses.
Nikola Corp. closed $4.70 below its 52-week high ($5.58), which the company achieved on September 14th.
Trading volume (149.9 M) eclipsed its 50-day average volume of 80.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled September 8, 2023.
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September 08, 2023 17:31 ET (21:31 GMT)
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