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Why Shares of Nikola Corp Shot Up This Week

TheMotleyFool

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Why Shares of Nikola Corp Shot Up This Week: https://g.foolcdn.com/editorial/images/749424/electric-vehicles.jpg

Shares of Nikola Corp. (NASDAQ: NKLA) rocketed as much as 36% higher this week, according to data provided by S&P Global Market Intelligence. The hydrogen fuel cell transportation company went into commercial production for its semitrucks after years of delays. Shares closed up 25.6% this week but are still down 98% from all-time highs.