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Why Nikola Stock Popped Today

Why Nikola Stock Popped Today

Shares of electric truck maker Nikola (NASDAQ: NKLA) spiked higher Monday morning after the company announced another step forward for its hydrogen fuel-cell electric vehicle (FCEV). The stock had jumped 8% as of 10:30 a.m. ET. Nikola started selling its battery-electric heavy trucks last year, and expects to begin production of its hydrogen FCEV this year.