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Why VectoIQ Stock Is Down Again Today

TheMotleyFool

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Shares of VectoIQ Acquisition (NASDAQ: VTIQ) traded lower for a second day on Friday, amid signs that some traders may have been taking profits on a stock that had more than doubled in value since the beginning of the month.

As of 11:45 a.m. EDT, VectoIQ's shares were down about 12.2% from Thursday's closing price, but still up almost 75% since May 1.