Nikola shares will fall over 50% in a month, Citron Research says - InvestingChannel

Nikola shares will fall over 50% in a month, Citron Research says

Andrew Left’s Citron Research predicts shares of Nikola (NKLA) will fall over 50% in just one month. The firm best known for short selling said via Twitter, “$NKLA back to $40 in a month. The anti-Tesla If you buy here you deserve to lose your $$ considering Milton sold just a week ago at $10. When $TSLA had this mkt cap the Model S was scaled and X was produced. There is no real IP at $NKLA and PR’s have been overly promo.” Shares of Nikola are up 14% to $83.38 in afternoon trading.