209,974 put options acquired in Nikola Corp. saw a 353% increase in trading activity, while insider Joseph R. Pike sold 75,162 shares.
Nikola Corp. (NKLA) saw unusually high options trading activity with 209,974 put options acquired, a 353% increase compared to the typical daily volume. Insider Joseph R. Pike sold 75,162 shares on March 5th. Several research analysts have issued ratings for Nikola, including Wolfe Research with a "peer perform", Robert W. Baird with an "outperform" and a $2.00 target price, and DA Davidson with a "neutral" and $1.00 price target. Nikola's stock traded down $0.04 during mid-day trading on Tuesday, reaching $0.60, with a trading volume of 142M shares, compared to its average volume of 95.5M.
May 07, 2024
3 Articles