BTIG Initiates Coverage On Nikola with Buy Rating, Announces Price Target of $18
BTIG analyst Gregory Lewis initiates coverage on Nikola (NASDAQ:NKLA) with a Buy rating and announces Price Target of $18.
60 Biggest Movers From Yesterday
Gainers
Vertex Energy, Inc. (NASDAQ: VTNR) shares climbed 124.2% to settle at $3.99 on Thursday after the company announced plans to acquire a Alabama refinery and related logistics assets.
Here’s What Is Going On With Lordstown Motors Stock
Lordstown Motors Corp (NASDAQ: RIDE) shares fell over 15% in the regular session on Thursday and declined another 6% in the after-hours session.
70 Biggest Movers From Friday
Gainers
InnSuites Hospitality Trust (NYSE: IHT) shares gained 43.4% to close at $3.50 on Friday.
Earnings Scheduled For May 7, 2021
Companies Reporting Before The Bell
• Cronos Group (NASDAQ:CRON) is likely to report earnings for its first quarter.
Why Nikola’s Stock Is Trading Higher Today
Nikola Corp (NASDAQ: NKLA) is trading higher Thursday morning after the company announced a letter of intent was signed with Total Transportation Services Inc. for 100 Nikola trucks.
Fisker, Which Won’t Begin Production Until Late 2022, Says It’s Not Hit By Chip Shortage
Fisker Inc (NYSE: FSR) CEO Henrik Fisker said on Wednesday the electric vehicle automaker will not be affected by the semiconductor chip shortage issue.
Merging Lane Ahead! Why Tesla Might Have To Merge With Workhorse And Nikola Motors
Tesla Inc's (NASDAQ: TSLA) market share of Electric Vehicles (EV) is in jeopardy.