S&P 500 Index

Nikola stock dropped more than 13% to close last week. Founder Trevor Milton wondered whether bearish investors have been ganging up on the fledgling company.

Stock in Nikola dropped more than 13% to close out last week. Order figures for the company’s new Badger pickup truck might have been responsible, but the action had founder Trevor Milton wondering whether bearish investors are ganging up on the fledgling alternative-fuel truck maker.