Nikola Stock Sees Boost as Company Takes Legal Action Against Former Partner
Monday, 1 April 2024, 14:22
Nikola Stock Surge Continues
Reason Behind the Price Spike
Nikola's shares witnessed a significant increase in value on Monday, fueled by the company's decision to pursue legal action against its former partner over the Badger electric pickup truck transaction. Investors reacted positively to this development, driving up the stock price.
- Legal Action: Nikola initiates proceedings against previous asset buyer
- Investor Response: Positive reaction leads to surge in stock price
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