12/28/2020, 6:24 PM (Source: TeleTrader)
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Chart for: Nikola Corp

Nikola jumps over 8% after positive JPMorgan analysis

Stocks of American electric truck maker Nikola Motor rose over 8% on Monday after the JPMorgan analyst said he sees "less drama-filled" news happening in the next year.

"We expect Nikola to post a video of a functioning Tre in January. We look for a steady flow of updates for the truck in 2021, as test milestones are met," the analyst commented.

Nikola stock rose by 8.37% to $24.89 at 12:22 pm ET.

Breaking the News / TF