Shares of Nikola Corp. NKLA 10.31% surged 10.31% to $8.99 Friday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ Composite Index COMP 0.90% rising 0.90% to 18,352.76 and the Dow Jones Industrial Average DJIA 0.17% rising 0.17% to 39,375.87.
This was the stock’s third consecutive day of gains.
Nikola Corp. closed $102.31 below its 52-week high ($111.30), which the company achieved on August 3rd.
Trading volume (4.3 M) eclipsed its 50-day average volume of 3.2 M.