Nikola Corp (NKLAQ) Stock in December 2025: Bankruptcy, Liquidation and What’s Next for Shareholders
As of December 6, 2025, Nikola Corporation’s stock — now trading over the counter under the ticker NKLAQ — is essentially a liquidation stub. Shares change hands for about $0.0026, down roughly 99–100% over the past year, with a 52‑week range of $0.0001–$1.79.StockAnalysis+1 At the same time, a court‑approved Plan of Liquidation is moving toward an effective date in December 2025, under which all common stock will be cancelled with no recovery for shareholders.Stock Titan This article walks through the latest developments around Nikola’s bankruptcy, the status of NKLAQ, what the liquidation plan actually says, how analyst forecasts fit, and what ancillary deals with Lucid and Hyroad Energy really mean for anyone still watching the stock.
