(Bloomberg) — Nikola Corp. shares came within a few cents of erasing all of their gains since the electric-vehicle startup went public last year, a sign investors are souring on its prospects after a series of snafus. The stock closed down 9.5% at $10.63 in New York trading Thursday amid a broader slump in EV stocks. That’s the lowest in a year and approaching the $10 level at which VectoIQ Acquisition Corp., the special-purpose acquisition company that acquired Nikola, debuted in June… Source link
Read More »Nikola Nears $10 a Share, Erasing Startup’s Post-IPO Gains
