Nkla stock price climbed to $6

NKLA stock price climbed to $6.34 in pre-market trading, fueled by news of a potential new fleet order. Short interest remains elevated, which could trigger sharp moves if bullish catalysts emerge in the coming weeks. Take advantage of the rebound by checking out our Top 5 Growth Stocks for this month . This is a curated list of our High Quality stocks that have generated a market-beating return of 175% over the last five years. While the RSI of 28 indicates the stock is undervalued (and it did bring in a record $31 million in revenue in Q2 2024), poor performance and constantly negative headlines will likely keep NKLA shares in the basement for the rest of the year.