Shares of electric-truck maker Nikola Corp.
fell 6% in premarket trade Tuesday, after a report that the Securities and Exchange Commission is looking into allegations made last week by short seller Hindenburg Research, which called the company an "intricate fraud." Nikola responded to some of the allegations made in Hindenburg's long report on the company on Monday, before Hindenburg responded by saying the response was a"tacit admission of securities fraud.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Good.
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
SEC probing Nikola Motors over short-seller claims of fraud - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. OpenLearning=ASX$OLL Half year results🚀🚀🚀 Look at the current chart's for OpenLearning=ASX$OLL you should see that the bulls roared bullish yesterday for OLL. OpenLearning has broken out into a new higher trend and looks to be going 🚀🚀 Motley fool article on OpenLearning=ASX$OLL🚀🚀
Source: BusinessInsider - 🏆 729. / 51 Read more »
Stocks making the biggest moves premarket: Nvidia, Oracle, Immunomedics, Delta, Nikola & moreNvidia, Oracle and Immunomedics all surged on dealmaking activity. Delta backs new debt with its frequent flyer program. OpenLearning=ASX$OLL Half year results🚀🚀🚀 Look at the current chart's for OpenLearning=ASX$OLL you should see that the bulls roared bullish today for OLL. OpenLearning has broken out into a new higher trend and looks to be going 🚀🚀 CEO Adam Brimo talks at ASX conference, all about OpenLearning=ASX$OLL
Source: CNBC - 🏆 12. / 72 Read more »
Stocks making the biggest moves after hours: Netflix, Nikola & moreTake a look at the stocks making headlines after the bell. Big Dan is the man Oracle DT and the Shakes pays for support and capitalism at its best
Source: CNBC - 🏆 12. / 72 Read more »