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Down 97%, Is Nikola Stock a Buy?

By Parkev Tatevosian, CFA – Jul 24, 2023 at 3:45AM

The innovative EV company has investors curious after the massive stock price decline.

Fool.com contributor Parkev Tatevosian considers Nikola's (NKLA 33.33%) prospects, financial position, and valuation to determine if Nikola's stock is a buy right now.

*Stock prices used were the afternoon prices of July 20, 2023. The video was published on July 22, 2023.

About the Author

Parkev Tatevosian, CFA
A Fool since 2019, and a graduate of Cal State LA with a B.S. in Finance and M.A. in Economics. Parkev is an adjunct professor of Finance and enjoys reading about financial and economic history. You'll often find him writing about stocks in the consumer goods and technology sectors.
TMFParkev
X@TMFParkev

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.

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