Why Nikola Has Been Dropping Again This Week
Nikola (NASDAQ: NKLA) shares were lower by as much as 13% this week, even as the company expanded its customer base. Growth investors have been focusing on earnings reports from big technology companies this week, which has helped the tech-heavy Nasdaq Composite index outpace the other major U.S. indexes with a small gain for the week. In fact, Nikola reported some positive news related to its underlying business this week.