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Why Nikola Stock Is Higher Today

TheMotleyFool

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Shares of electric-truck start-up Nikola (NASDAQ: NKLA) were sharply higher on Tuesday afternoon. While the company itself had no news to report, the stock may have been moving up on growing optimism about Nikola's stalled partnership with General Motors (NYSE: GM).

As of 2:30 p.m. EST, Nikola's shares were up about 16.6% from Monday's closing price.

Here are a few things that could be contributing to Nikola's stock-price rally.

Source Fool.com

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