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Nikola stock drops after revised GM agreement, abandonment of Badger pickup
On December 1, one day after the announcement of a revised General Motors deal, Nikola Motors’ stock dropped an additional 18% to USD 17.42, or approximately one third of its USD 50.02 value on September 8 when the GM strategic partnership was originally announced, and one fifth that of the USD 79.73 peak valuation o....
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