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Technology Stocks : Nikola Corp
NKLA 10.08-1.2%Jan 14 4:00 PM EST

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From: kidl10/21/2020 8:14:04 AM
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Nikola +11% after positive talk from GM exec

Oct. 21, 2020 7:36 AM ET|About: Nikola Corporation (NKLA)|By: Clark Schultz, SA News Editor

Nikola (NASDAQ: NKLA) shoots higher after GM President Mark Reuss says on CNBC that the company is excited about a partnership between the two companies even as talks still go on. Notably, Reuss maintains GM did its due diligence on Nikola.

Reuss was on CNBC mainly to talk about the GMC Hummer reveal event last night. Read the full details on the EV sports utility truck.

Shares of Nikola are up 11.05% premarket to $23.05 and GM is 2.05% higher.

Earlier this week, JPMorgan said a Nikola-GM deal was likely to to make it to the finish line.
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