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    AI 🤖Business 💼Cryptocurrency 💰Economy 🏛️Politics 🥸Stock Markets 🤑Technology 🛠️
    Posted 9/18/2023, 9:35:36 AM

    Nikola, Alteryx, Hut 8 Mining Stocks Climb on New Deals, Merger Approval and Upgrades

    • Nikola stock climbed over 6% after announcing a new dealer for its trucks in Canada, with plans to start deliveries in late September/early October.

    • Alteryx rose 5% after Morgan Stanley upgraded its stock recommendation to overweight, citing growth potential and cheap valuation.

    • Hut 8 Mining shares jumped 6% after receiving approval for its merger with US Bitcoin Corp, which will create a new company called Hut 8 Corp.

    • The new Hut 8 Corp plans to list on Nasdaq and Toronto Stock Exchange under the ticker "HUT."

    • The Hut 8/US Bitcoin merger is expected to close in Q4 2023, pending approvals and customary closing conditions.

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