Why Nikola and 2 Other EV Stocks Were Up Double Digits Today

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Shares of several electric-vehicle stocks are jumping today, but for different reasons. As of noon EST, the moves in these three names were as follows:

Nikola’s stock has been climbing recently on news related to its battery-electric trucks, as well as industry news on hydrogen fuel cell technology. Yesterday, the company accelerated the momentum with an announcement of an agreement with Arizona utility officials that supports the “accelerated development of hydrogen-based fueling solutions for the transportation industry.” 

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