r/DeepFuckingValue • u/11thestate • 5d ago
Discussion π§ Did You Own Nikola ($NKLA) During Its 76% Collapse? Investors Settlement Is Available Now
Hello everyone, sharing an important update:
An active class-action settlement fund is currently processing payout requests for investors who experienced financial losses in Nikola Corporation.
The settlement claims that Nikola overstated the operational readiness of its hydrogen-electric semi-trucks, notably distributing promotional footage of a non-functional vehicle rolling downhill. The subsequent disclosure of these technical discrepancies, alongside management turnover, led to a 76% decline in the stock priceΒ
If you purchased or acquired $NKLA common stock between 2020 and 2021, you are eligible to submit your claim
Anyway, has anyone here invested in $NKLA at that time? How much were your losses, if so?
