Comment on Nikola is 'a broken stock' and could lose another 75%, one strategist says

Nikola is 'a broken stock' and could lose another 75%, one strategist says

Nikola founder and executive chairman Trevor Milton. Massimo Pinca/Reuters Nikola's stock price has been in freefall since a short-seller report accused the company of misleading investors. Steve Kalayjian of Ticker Tocker thinks there could be further pain for the "broken stock" and it could crash to $5, from around $19.50, where it currently trades.

 

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