Nikola shares tanked 14% in morning trading

Tiger Newspress2021-11-05

Nikola shares tanked 14% in morning trading as BTIG headed to the sidelines after big rally.

BTIG lowers its rating on Nikola to a Hold rating after having it lined up at Buy.

Analyst Gregory Lewis and team turn cautious after shares of NKLA rose more than 20% yesterday and more than 50% over the five months.

The long-term story on Nikola (NKLA) is still attractive to BTIG and the potential for the hydrogen side of the business is viewed to be worth close to $30 per share as a standalone, but the firm is waiting for more tangible signs of execution before turning constructive again.

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精彩评论

sylarspock
2021-11-08
sylarspock
Scary news
Wafu
2021-11-07
Wafu
Like please
- sylarspock:
  Done
- hpt:
  Like
Bull1973
2021-11-06
Bull1973
Good day
magnumao
2021-11-06
magnumao
Gg
- Bull1973:
  Ok
Ken3888
2021-11-06
Ken3888
K
- Ken3888:
  K
CLOUD1127
2021-11-05
CLOUD1127
Really?

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14% in morning trading&nbsp;as BTIG headed to the sidelines after big rally.</p>\n<p><img src=\"https://static.tigerbbs.com/89936689ac7e139efb99902a73cdc378\" tg-width=\"840\" tg-height=\"470\" width=\"100%\" height=\"auto\"></p>\n<p>BTIG lowers its rating on Nikola&nbsp;to a Hold rating after having it lined up at Buy.</p>\n<p>Analyst Gregory Lewis and team turn cautious after shares of NKLA rose more than 20% yesterday and more than 50% over the five months.</p>\n<p>The long-term story on Nikola (NKLA) is still attractive to BTIG and the potential for the hydrogen side of the business is viewed to be worth close to $30 per share as a standalone, but the firm is waiting for more tangible signs of execution before turning constructive again.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NKLA":"Nikola 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