© Reuters. Nikola Investors Can Cautiously Celebrate Narrower-Than-Expected Loss
Nikola (NKLA) stock holders should know that the company isn’t out of the woods yet as a government probe could cause some major problems.If clean-energy big rig manufacturer Nikola (NASDAQ:NKLA) has taught eager investors one thing, it’s that what goes up, must come down. Unfortunately, some ill-timed NKLA stock traders had to learn this lesson the hard way.
It seems like yesterday that Nikola was a darling among special purpose acquisition company (SPAC) fanatics and electric vehicle market traders.
However, as the hype phase gave way to the reality-sets-in stage, the NKLA stock price tumbled and legions of bag holders lost their enthusiasm for Nikola.
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
Be the first to comment