Nikola stock rises after narrower-than-expected loss, revenue of nearly $2 million that was well-above forecasts

Shares of Nikola Corp. rallied 1.8% in premarket trading Thursday, after the electric vehicle company reported a narrower-than-expected first-quarter loss and revenue of nearly $2 million that was well above expectations. The net loss widened to $79.15 million, or 37 cents a share, from $53.43 million, or 31 cents a share, in the year-ago period. Excluding nonrecurring items, the adjusted per-share loss of 21 cents beat the FactSet loss consensus of 25 cents. Revenue totaled $1.89 million, compa
Click Here To Get Funded!