Is it Time to Cut Nikola Losses Ahead of Secondary Stock Offering? 3 Red Flags for Investors
Nikola (NKLA), the electric truck manufacturer that has lost 96% of the value it had at IPO, appears to be poised to fall even lower. The company issued a press release expressing interest in a secondary stock offering to raise another $100 million. It’s also likely that the company will offer a private sale [...]