Nikola (NKLA) Sees a More Significant Dip Than Broader Market: Some Facts to Know

Shares of the pioneer in zero-emission trucks have depreciated by 32.19% over the course of the past month, underperforming the Auto-Tires-Trucks sector's loss of 4.91% and the S&P 500's gain of 2.73%. For the full year, the Zacks Consensus Estimates project earnings of -$0.37 per share and a revenue of $117.75 million, demonstrating changes of +53.16% and +224.57%, respectively, from the preceding year. Based on our research, we believe these estimate revisions are directly related to near-team stock moves ...