Down -18.01% in 4 Weeks, Here's Why Nikola (NKLA) Looks Ripe for a Turnaround
The heavy selling pressure might have exhausted for Nikola (NKLA) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.
Monster insider trading alert for Nikola stock
Although electric truck startup Nikola (NASDAQ: NKLA) stock has had a rough year so far, as its price continuously declined, its losses totaling 35.19% year-to-date (YTD), its CEO has recently added to his stock portfolio a whopping one million of NKLA shares.
Monster insider trading alert for Nikola stock
Although electric truck startup Nikola (NASDAQ: NKLA) stock has had a rough year so far, as its price continuously declined, its losses totaling 35.19% year-to-date (YTD), its CEO has recently added to his stock portfolio a whopping one million of NKLA shares.
Why Is Nikola (NKLA) Stock Up 5% Today?
Nikola (NASDAQ: NKLA ) stock is on the rise Tuesday after the company announced a new order from AiLO Logistics for its hydrogen fuel cell electric vehicles (FCEVs). According to a press release, AiLO Logistics has placed an order for 100 of the company's FCEVs through Tom's Truck Centers.
Nikola Stock Has Tumbled. The CEO Just Bought a Million Shares.
Nikola President and CEO Steve Girsky paid $540,000 for a million shares of the embattled hydrogen-truck company.
Even a Fraud Conviction Won't Keep Nikola's Founder Away From the Company
Nikola, the embattled hydrogen-truck maker, wants to put convicted founder Trevor Milton in the rearview mirror. Milton has had other plans.
Nikola stock price forecast: 3 risks that could hurt NKLA
Nikola (NASDAQ: NKLA) stock price continued slumping this month as concerns about its cash flow and overall demand. It has crashed by over 18% in the past 30 days and is hovering at its all-time low.
Will Nikola Reach a Billion-Dollar Market Cap by 2025?
Nikola's stock was crushed over the past four years. However, the electric truck maker's production rates are gradually stabilizing as it rightsizes its business.
Nikola stock price sits at a pivotal level as risks remain
Nikola (NASDAQ: NKLA) stock price has been stuck at a crucial support level as investors digest the recent financial results. It was trading at $0.567 on Thursday, an important level since it was its lowest level in June last year.
