Nikola Stock Will Surge 70% From Current Levels, Says Analyst

The past couple of weeks have been a roller coaster ride for Nikola (NKLA). Shares of the electric truck maker have plummeted following a damning report accusing the company’s founder Trevor Milton of making fraudulent claims and duping investors. Shares took another dive as Milton subsequently resigned from the company, leaving questions whether Nikola has any future without its notorious ringleader at the helm. But is a comeback in the cards? Last week the stock clawed back a hefty amount of the loss, gaining 36% in three consecutive sessions.A business update by management in which the company reiterated its plan …read more

Source:: Yahoo Finance

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