Here's Why Nikola Shares Are Trading Lower Premarket
EV maker Nikola Corp (NASDAQ:NKLA) founder and former Chair Trevor Milton voted against a proposal to raise capital by issuing new shares, Bloomberg reports. The veto led to the adjourning of the annual shareholder meeting to June 30 to request more proxies in favor of the proposal. Milton is Nikola's single largest shareholder, with the…
Benzinga ·