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Nikola's stock began trading on June 4, 2020. By June 9, the shares had more than doubled since they began trading, as investors continued to

Nikola's stock began trading on June 4, 2020. By June 9, the shares had more than doubled since they began trading, as investors continued to bet on the growth potential of electric transportation. But the stock price plummeted by about 450% from its maximum price. What happened to Nikola? Investigate what drove this volatile stock price movement with focuses on the companys financial and managerial decisions over the recent four months.

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