Nikola fell as much as 21% on Monday after the company released a prospectus describing its intention to sell up to 23.9 million shares. In addition, existing shareholders seek to sell up to 53.4 million shares, according to the prospectus. Nikola said the proceeds from the sale would be used …
Read More »The stock market correctly predicted who will win the presidency since 1984. This is what to look for as we get closer to the November elections.
Evan Vucci / AP, NurPhoto via Getty Images The stock market has a strong track record of predicting the winner of the United States presidential election, according to LPL Financial. Since 1984, the S&P 500 has correctly predicted the outcome of each presidential election based on its price movements in …
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