Nikola stock price has surged 33% in 2 days ahead of earnings - Business Insider

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Tesla competitor Nikola has surged as much as 33% in 2 days ahead of its quarterly earnings release

These 16 global stocks have at least 20% upside in the next year — and they'll continue to thrive as COVID-19 accelerates a crucial technological shift, UBS says

"Nikola's first report as a public company will likely be heavily scrutinized, but financial information will be sparse at best, revenue de minimis," wrote JPMorgan's Paul Coster in a Thursday note. "Focus will be on the pace and direction of investments, time-to-market for the firm's various initiatives, and how the customer order-book is building - spend, speed and sales.

Top of mind will be the company's reported cash burn, research and development spending, and signs that orders for Nikola vehicles are holding up, said Coster. JPMorgan has a $45 price target and "overweight" rating on shares of Nikola. Nikola stock has been on a wild ride since its public debut in June, skyrocketing as much as 120% to $75 per share at its all-time high close June 23 before paring gains. Nikola beganNikola is up roughly

 

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Theranos

テスラとニコラ? 冗談みたいな話🤭

It is interesting. Nikola competes with Tesla. Very funny.

elonmusk

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