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Why Nikola Stock Surged 51.3% in January

TheMotleyFool

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Why Nikola Stock Surged 51.3% in January

Shares of Nikola (NASDAQ: NKLA) rose 51.3% in January according to data from S&P Global Market Intelligence. The company's stock posted big gains thanks to momentum for the broader electric vehicle (EV) space and signs that the U.S. government will help accelerate the industry's growth.