Nikola plunges after new GM agreement includes no stake - InvestingChannel

Nikola plunges after new GM agreement includes no stake

Shares of Nikola (NKLA) are under pressure after the company and General Motors (GM) announced the signing of a non-binding Memorandum of Understanding, with the latter no longer taking an equity stake in the electric-truck maker. GM still intends… To see the rest of the story go to thefly.com. (See Story Here):(https://www.thefly.com/permalinks/entry.php/id3203943/-Nikola-plunges-after-new-GM-agreement-includes-no-stake)