Commercial EV maker Nikola (NKLA) is seeing some lift in its stock ahead of the market open, after sinking Thursday on a 1-for-30 reverse stock split announcement. The reverse split will go into effect at the market's close on Monday, June 24.

The Morning Brief weighs in on the corporate narratives swirling around Nikola and its stock.

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This post was written by Luke Carberry Mogan.