Nikola Motor Company Two truck
Source: Nikola Motor Company
Check out the companies making headlines after the bell on Monday:
Maxar Technologies – Shares of the space technology company fell 4% after the company announced a $ 400 million common stock offering in an SEC filing. Maxar said it plans to use the proceeds from the offering to pay down debt and for general corporate purposes.
Nikola – Shares of the vehicle design company fell 3% after the company announced a $ 100 million share offering in an SEC filing. Nikola said it plans to use the proceeds to invest in financing the company’s Arizona manufacturing facility and hydrogen station infrastructure development, along with other general business purposes.
GameStop – Shares of the video game retailer were up 1% during out-of-hours trading. Stock trading was halted on Monday and the stock ended the day down 16%.