Sep 25, 2020
Our Dog of the Week is Nikola Corporation (NKLA: NASDAQ), a stock we took a hard pass on earlier this year when it was included as a question in our YSOT segment. Nikola, which purportedly designs and manufactures battery-electric and hydrogen-electric vehicles, saw its founder, Chairperson, and largest shareholder, Trevor Milton, step-down amid allegations, he hasn’t exactly been truthful with investors. The stock dropped 20% on the day and is off 79% from its June highs.
Listen to the full company analysis on KeyStone's Stock Talk Podcast Episode 118