From Stockstory.org does not belong to a specific media company.: 2025-02-07 15:07:32

Nikola (NASDAQ:NKLA) shares plummeted 48.4% amid reports suggesting the company may file for bankruptcy, though Nikola has not confirmed or denied the claims. The stock’s extreme volatility, with 90 moves greater than 5% in the last year, indicates market perception of the business has been significantly impacted. Speculation about a potential bankruptcy filing has caused Nikola’s shares to drop by 62.9% since the beginning of the year, trading at $0.48 per share, 98.5% below its 52-week high. Investors who bought $1,000 worth of Nikola shares 5 years ago would now have an investment worth $1.54.



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