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Nikola Corporation NKLA shares are trading higher after the company reported better-than-expected EPS results.
Nikola reported first quarter adjusted earnings per share results of $(0.14), which beat the $(0.27) analyst estimate.
Nikola Corporation designs and manufactures battery electric and hydrogen-electric vehicles. It operates in two business units, truck and energy.
Nikola's stock was trading 9.1% higher at $11.07 at the time of publication. The stock has a 52-week high of $93.99 and a 52-week low of $9.37.
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