Nikola (NKLA) Should Opt for an Early Exercise of SPAC Warrants and End the Uncertainty That Is Crushing the Stock Price

Nikola (NKLA) Should Opt for an Early Exercise of SPAC Warrants and End the Uncertainty That Is Crushing the Stock Price

3 years ago
Anonymous $qOHwDUKgAF

https://wccftech.com/nikola-nkla-should-opt-for-an-early-exercise-of-spac-warrants-and-end-the-uncertainty-that-is-crushing-the-stock-price/

Nikola Corporation (NASDAQ:NKLA) rode a wave of investor euphoria in June as it was able to successfully peddle its ethereal business plans to retail investors. However, the stock’s recent performance has been nothing short of a disaster as reality seems to be catching up with fantasy.

As an illustration of the carnage, since the 01st of July, Nikola shares have tumbled by a whopping 40 percent, closing at $40.23 on Tuesday. In fact, it was the 17 percent plunge yesterday that prompted Trevor Milton, the Executive Chairman of Nikola Corporation, to jump into the fray with a commentary on the day’s price action. In a now-deleted tweet, Mr. Milton claimed: