Published on 13 Oct 2022 on Simply Wall St. via Yahoo Finance
Painful week for individual investors invested in Nikola Corporation (NASDAQ:NKLA) after 19% drop,...
Every investor in Nikola Corporation (NASDAQ:NKLA) should be aware of the most powerful shareholder groups. We can see that individual investors own the lion's share in the company with 36% ownership. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn).
Following a 19% decrease in the stock price last week, individual investors suffered the most losses, but institutions who own 28% stock also took a hit.
In the chart below, we zoom in on the different ownership groups of Nikola.