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Nikola Corporation is an American company that has announced a number of concept zero emissions vehicles since 2016 and has indicated plans to produce some of them in the future. The company is based in Phoenix, Arizona, where its research and development facility is located nikola 2020-06-04 / 2020-10-01 70 70 hat 60 50 50 40 40 30 30 20 20 Jun 04 Jun 15 2020 2020 Jun 29 2020 Jul 13 2020 Jul 27 2020 Aug 10 2020 Aug 24 2020 Sep 05 2020 Sep 21 2020 Question: 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 company's financial and managerial decisions over the recent four months Nikola Corporation is an American company that has announced a number of concept zero emissions vehicles since 2016 and has indicated plans to produce some of them in the future. The company is based in Phoenix, Arizona, where its research and development facility is located nikola 2020-06-04 / 2020-10-01 70 70 hat 60 50 50 40 40 30 30 20 20 Jun 04 Jun 15 2020 2020 Jun 29 2020 Jul 13 2020 Jul 27 2020 Aug 10 2020 Aug 24 2020 Sep 05 2020 Sep 21 2020 Question: 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 company's financial and managerial decisions over the recent four months