Hydrogen truck maker Nikola’s share price hits new all-time low following reverse stock split announcement

Struggling US manufacturer due to merge every 30 shares of common stock into a single share on Monday in bid to avoid Nasdaq delisting

Nikola's Tre FCEV hydrogen fuel-cell truck.
Nikola's Tre FCEV hydrogen fuel-cell truck.Photo: Nikola
Published 21 June 2024, 12:40Updated 21 June 2024, 12:43