Why Nikola Stock Is Slumping Today
Shares of electric big-rig start-up Nikola (NASDAQ: NKLA) were down on Wednesday, as investors continued to digest a reality-check note from a Wall Street analyst earlier in the week.
As of 1:45 p.m. EDT, Nikola's shares were down about 4.9% from Tuesday's closing price.
Nikola's stock has had a torrid run since it went public via a reverse merger with VectoIQ Acquisition in early June.
Source Fool.com
