Nikola Stock: Buy, Sell, or Hold?

By Parkev Tatevosian, CFA – Sep 15, 2023 at 4:15AM

NASDAQ: NKLA

Nikola

Market Cap

$859M

Today's Change

(7.23%) $0.04

Current Price

$0.64

Price as of April 26, 2024, 4:00 p.m. ET

Nikola is ramping up the development of hydrogen fuel trucks.

Fool.com contributor Parkev Tatevosian evaluates Nikola (NKLA 7.23%) stock to answer if he thinks the stock is a buy.

*Stock prices used were the afternoon prices of Sept. 12, 2023. The video was published on Sept. 14, 2023.

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.