Nikola shares plunge more than 14% amid dispute over short seller's fraud allegations

Nikola shares tumbled more than 14% on Friday after the electric vehicle company denied fraud allegations made in a report by short-selling firm Hindenburg Research. Nikola said it is considering legal options, retaining Kirkland & Ellis, and that it plans to bring documents to the Security and Exchange Commission to rebut the report. The company’s CFO Kim


Slack shares plunge as growth stays steady with no coronavirus spike

Stewart Butterfield, co-founder and chief executive officer of Slack Technologies Inc., speaks during an event in San Francisco, California. David Paul Morris | Bloomberg | Getty Images Slack shares fell as much as 20% in extended trading on Tuesday after the team communications software company reported fiscal second-quarter results and full-year guidance that exceeded analysts’


Zoom shares drop following Tuesday's 40% surge

Eric Yuan, founder and chief executive officer of Zoom Video Communications Inc., speaks during the BoxWorks 2019 Conference at the Moscone Center in San Francisco, California, U.S., on Thursday, Oct. 3, 2019. Bloomberg Shares of Zoom dropped 7.46% Wednesday, as investors likely took their profits from Tuesday’s stock surge.  The videoconferencing software company’s stock soared 41%


Samsung shares could rise 50% as chip business gets a boost and Huawei struggles in smartphones

Samsung Galaxy Z Fold 2 Samsung Analysts are bullish on Samsung after the company unveiled a foldable phone on Tuesday and U.S. semiconductor company Nvidia said its next-generation gaming chip will be manufactured by the South Korean electronics giant. They see Samsung’s shares trading at 70,376.32 Korean won ($59.35) in the next 12 months. That represents

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