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NIKOLA SHARES SLUMP 9% AS ITS DEAL WITH REPUBLIC SERVICES END

Published On 23 Dec 2020 04:25 PM


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Highlights

• Nikola in a statement announced that its partnership with Republic Services to jointly develop electric garbage trucks has been terminated

• The share of Nikola was trading 9.83 percent lower on the tech heavy NASDAQ at $15.18

• Mark Russell, CEO of Nikola in a statement said “This was the right decision for both companies given the resources and investments required.”

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Tags : US news, Nikola, Republic Services, US stock market news, ,
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