Nikola shares take wild ride after denial of short-seller’s allegations, report of SEC inquiry

Shares of electric-truck maker Nikola Corp. went on a wild ride Monday, as the Securities and Exchange Commission reportedly weighed a short-seller’s claims of fraud, which the company had vehemently denied earlier in the day.

Shares of electric-truck maker Nikola Corp. went on a wild ride Monday, as the Securities and Exchange Commission reportedly weighed a short-seller’s claims of fraud, which the company had vehemently denied earlier in the day.