Nikola Stock Surges Despite Revenue Miss
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Nikola's Stock Performance
Nikola's stock saw a significant increase after the company reported a narrower-than-expected loss, showing investors' optimism in the company's financial health.
Revenue Miss
The revenue reported by Nikola fell short of expectations, raising concerns among investors about the company's ability to meet revenue targets.
Conclusion: Despite the revenue miss, Nikola's stock gained as investors were pleased with the company's narrower loss.