Nikola stock forecast: buying NKLA is risky, shorting is riskier

Nikola (NASDAQ: NKLA) stock price has moved sideways in the past few weeks as investors reflected on last month’s results and the company’s outlook. It has constantly remained below $1 and has retreated by over 16% this year. As a result, it has severely underperformed the broader market as the S&P 500 and Nasdaq 100 indices have surged to record highs.Dilution is still possibleCopy link to sectionNikola Corp has been a troubled company for years. It’s founder is expected to report to prison soon while the ...