RTTNews | Jul 29, 2021 10:58AM EDT

10:58 Thursday, July 29, 2021 (RTTNews.com) - Nikola Corp. (NKLA) shares are sliding on Thursday morning trade after the grand federal jury indicted Nikola founder Trevor Milton on three counts of criminal fraud. Nikola had resigned as chairman in September. Currently, shares are at $13.22, down 6.85 percent from $14.19 on a volume of 10,917,330. For the 52-week period, the shares have traded in a range of $9.37-$54.56 on a volume of 11,024,558.

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