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Benzinga
Benzinga
Business
Melanie Schaffer

How To Trade Nikola's Surging Stock As Commercial Truck Production Begins

Nikola Corporation (NASDAQ:NKLA) gapped up over 17% higher on Thursday after an announcement earlier in the week that it would begin commercial truck production, brought renewed interest into the company.

The stock is also trading higher in a strong uptrend. An uptrend occurs when a stock consistently makes a series of higher highs and higher lows on the chart.

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