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Preorders for Nikola Badger Start Today, Sending the Stock Higher

TheMotleyFool

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Preorders for Nikola Badger Start Today, Sending the Stock Higher

Shares of electric-vehicle company Nikola Corporation (NASDAQ: NKLA) were moving higher in early trading on Monday. It's likely that investors are excited because the Nikola Badger, a pickup truck, became available for preorder starting today.

As of 10:30 a.m. EDT, Nikola stock was up 11%. However, for 2020, the stock is up almost seven times in value.