Analyst Articles

Nikola’s Stock Price Drops by 15% After Short-Seller Activist Hindenburg Accuses of Misinformation and Fraud

According to a report by Bloomberg News on Monday, Nikola is currently under investigation by the SEC for false claims brought to light by Hindenburg Research, an activist short-seller research firm, who accused Trevor Milton, founder of Nikola, of fraud related to misinformation on Nikola’s technological capabilities and product offerings. [more]