{"id":63332,"date":"2025-02-22T12:45:25","date_gmt":"2025-02-22T17:45:25","guid":{"rendered":"https:\/\/www.businessupturn.com\/usa\/?p=63332"},"modified":"2025-02-22T12:45:25","modified_gmt":"2025-02-22T17:45:25","slug":"stock-summary-nikola-plummented-by-38-76-over-the-past-five-days-amid-filing-of-chapter-11-bankruptcy-by-the-company","status":"publish","type":"post","link":"https:\/\/www.businessupturn.com\/usa\/stock-summary-nikola-plummented-by-38-76-over-the-past-five-days-amid-filing-of-chapter-11-bankruptcy-by-the-company\/63332\/","title":{"rendered":"Stock summary: Nikola plummented by 38.76 over the past five days amid filing of Chapter 11 bankruptcy by the company"},"content":{"rendered":"<p><b>Nikola Corp<\/b><span style=\"font-weight: 400\"> stock closed at <\/span><b>0.38 USD<\/b><span style=\"font-weight: 400\">, experiencing a sharp decline of <\/span><b>0.24 USD (38.76%)<\/b><span style=\"font-weight: 400\"> over the past five days. Nikola, a battery and hydrogen fuel cell-powered truck maker company on Wednesday announced that the company and its subsidiaries have filed for a Chapter 11 bankruptcy, resulting in the negative movement of the stock.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">On <\/span><b>February 21 at 7:59 PM GMT-5<\/b><span style=\"font-weight: 400\">, the stock traded within a range, reaching a high of <\/span><b>0.49 USD<\/b><span style=\"font-weight: 400\"> and a low of <\/span><b>0.38 USD<\/b><span style=\"font-weight: 400\"> during the session. It opened at <\/span><b>0.44 USD<\/b><span style=\"font-weight: 400\">, indicating early strength, but selling pressure quickly pushed it lower.<\/span><\/p>\n<p><span style=\"font-weight: 400\">\u00a0In after-hours trading, the stock slipped further by <\/span><b>0.014 USD (3.63%)<\/b><span style=\"font-weight: 400\">, bringing its price to <\/span><b>0.37 USD<\/b><span style=\"font-weight: 400\">, reflecting continued investor caution. Having a <\/span><b>market capitalization of 3.21Cr<\/b><span style=\"font-weight: 400\">, Nikola remains a small player in the EV industry.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Disclaimer: This article is for informational purposes only and does not constitute any financial advice.\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nikola Corp stock closed at 0.38 USD, experiencing a sharp decline of 0.24 USD (38.76%) over the past five days.<\/p>\n","protected":false},"author":433,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[73],"tags":[5487],"class_list":["post-63332","post","type-post","status-publish","format-standard","hentry","category-us-markets","tag-nikola"],"reading_time":"1 min read","_links":{"self":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/posts\/63332","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/users\/433"}],"replies":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/comments?post=63332"}],"version-history":[{"count":0,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/posts\/63332\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/media?parent=63332"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/categories?post=63332"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/tags?post=63332"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}