Why Former Market Darling Nikola Stock Has Been Nearly Cut in Half Since the Beginning of March
Shares of electric vehicle (EV) start-up Nikola Corporation (NASDAQ: NKLA) dropped 45.5% in value in March, according to data provided by S&P Global Market Intelligence. Early in March, Nikola stock was dragged down by market conditions. It was in early March that SVB Financial experienced its historic collapse.