Benzinga | Jul 15, 2021 10:56AM EDT

Nikola Shares Gain After Adding Five Independent Dealers For Class 8 Truck Sales And Service

* Nikola Corp (NASDAQ:NKLA) has added five independent dealers with more than 51 locations across the U.S. for its Class 8 truck sales and service coverage.

* The new locations cover Texas, Arizona, California, Colorado, New Mexico, Florida, Delaware, Virginia, and Maryland.

* The Nikola dealer network expansion includes HOLT Truck Centers with 7 locations, Empire Truck & Trailer with 7 locations, Wagner Equipment Co with 11 locations, Ring Power with 14 locations, and Carter Machinery with 12 locations.

* With the latest addition, the number of Nikola sales and service locations stands at 116 across the U.S.

* Price action: NKLA shares are trading higher by 6.12% at $14.74 on the last check Thursday.