(USD) | Jun 2023 | Q/Q |
---|---|---|
Revenue | 15.4MM | +38% |
Gross Profit | -27.6MM | -16% |
Cost Of Revenue | 43MM | -2% |
Operating Income | -168.6MM | +12% |
Operating Expenses | 141MM | +19% |
Net Income | -217.8MM | +29% |
R&D | 64.5MM | +0% |
G&A | 58.8MM | +9% |
Amortization | 1.8MM | -10% |
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
FinraMoving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
The electric semi-truck maker still faces existential challenges.
While we can’t discount the long-term potential of the EV market, the sector has been battered from all sides in recent quarters. Waning demands, softening government support and a complicated macro environment have pushed the industry to an all-out “survival of the fittest” landscape. Continued losses, unmet delivery expectations and negative press are leading to an increasing number of struggling EV stocks. The following three companies were chosen based upon these criteria. Negative earnings
Nikola (NKLA) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Which of these unloved EV makers has a brighter future?
A new letter to shareholders highlights a brewing boardroom battle.
PHOENIX, April 11, 2024--M&M Residual, LLC ("M&M Residual") and Trevor R. Milton (collectively "we" or "us") today announced that M&M Residual has withdrawn its previously delivered nomination of five candidates (the "Nomination") for election to the Board of Directors (the "Board") of Nikola Corporation (Nasdaq: NKLA) ("Nikola" or the "Company") at its upcoming 2024 Annual Meeting of Stockholders (the "Annual Meeting"). M&M Residual delivered the Nomination because it believed it was critical t
Implementing an investment strategy of buying low-priced stocks may not be for everyone. But if you’re a growth-oriented investor who’s willing to accept a level of risk, stocks under $7 can be both appealing and profitable. These stocks under $7 have greater potential for substantial gains because they start off with lower valuations. It’s much easier to achieve rapid price increases in response to positive news or market trends when a stock is priced at less than $7. Many of the names on this
Nikola (NKLA) concluded the recent trading session at $1, signifying a -0.99% move from its prior day's close.
The EV stock has caught investors' attention for several reasons.
Nikola reported impressive numbers that investors can celebrate.