Nikola Corporation (NKLA) shares gained 16.85% today (2023-08-01). Is it the right time to buy?

What’s happening at Nikola Corporation (NasdaqGS:NKLA)? What made the stock one of the top performing stock today? The company is indeed among the top gainers of the stock market, skyrocketing 16.85% (or 0.45 points) to $3.12 from its previous close of $2.67. So is it the right moment to buy?
Read more: Nikola Corporation (NKLA) shares gained 16.85% today (2023-08-01). Is it the right time to buy?