Nikola Motor Company Two truck
Source: Nikola Motor Company
Check out the companies making headlines after the bell on Monday:
Maxar Technologies – Shares in the space technology company fell 4% after the company announced a $ 400 million common stock offer in a SEC filing. Maxar said it intends to use the proceeds of the offering to pay off debts and for corporate purposes in general.
Nikola – The shares of the vehicle design company fell 3% after the company announced a $ 100 million common share offer in a SEC filing. Nikola said he plans to use the proceeds to invest in financing the company’s Arizona plant and developing the hydrogen station infrastructure, along with other general business purposes.
GameStop – The video game retailer’s shares rose 1% during trading after the exchange closed. Trading on the shares was halted on Monday and the shares ended the day with a 16% drop.