June 18, 2020 Sophia Vida
Hot Stocks

Shares of Nikola Tumble on Alleged CEO Exaggerations

Electric truck company Nikola saw its shares fall this week after a report revealed that the company’s chief executive exaggerated capabilities of a prototype that was displayed in 2016. According to Bloomberg News, Nikola CEO Trevor Milton suggested at a 2016 event that a prototype big-rig “fully functions and works,” but anonymous sources said that … Continue reading “Shares of Nikola Tumble on Alleged CEO Exaggerations”