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NKLA - Why Investors Are Talking About Hyliion and Tortoise Acquisition
Nikola Corporation
Shares of Tortoise Acquisition (NYSE: SHLL) are on quite a run. The stock ended Friday's session up 41.2% on the day -- and up 140% since the morning of June 19, when it announced plans to merge with a company called Hyliion.
The quick run-up has investors asking some big questions. Did I miss something? Is this a scam? Who the heck are these guys?
They're all excellent questions. Read on for some answers.