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Why Is Nikola Stock Down Today?

TheMotleyFool

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Shares of electric-truck start-up Nikola (NASDAQ: NKLA) were trading lower on Monday amid a broad sell-off triggered by fears of a new round of COVID-related economic disruptions.

As of 11:30 a.m. ET, Nikola's shares were down about 7.9% from Friday's closing price.

The fast-moving omicron outbreak has traders worried: Nikola, like many other stocks, was down sharply on Monday morning after a weekend that saw new-case counts rise sharply in New York and elsewhere.

Source Fool.com

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