Published on 11 Oct 2022 on Zacks via Yahoo Finance
Nikola (NKLA) closed the most recent trading day at $2.99, moving -0.33% from the previous trading session. This change was narrower than the S&P 500's daily loss of 0.65%. Elsewhere, the Dow gained 0.12%, while the tech-heavy Nasdaq added 0.18%.
Prior to today's trading, shares of the pioneer in zero-emission trucks had lost 44.34% over the past month. This has lagged the Auto-Tires-Trucks sector's loss of 20.5% and the S&P 500's loss of 11.07% in that time.
Wall Street will be looking for positivity from Nikola as it approaches its next earnings report date. This is expected to be November 3, 2022. The company is expected to report EPS of -$0.39, down 77.27% from the prior-year quarter.