Why Nikola Stock Is Charging Higher Today
Shares of electric-truck start-up Nikola (NASDAQ: NKLA) opened higher on Wednesday, after a General Motors (NYSE: GM) executive praised the company and said that partnership negotiations are still underway.
As of 10:30 a.m. EDT, Nikola's shares were up about 9.4% from Tuesday's closing price.
In an interview with CNBC on Wednesday morning, GM president Mark Reuss said that his company is continuing to "work the opportunity" of a partnership with Nikola.
Source Fool.com
