"Nikola's Short Squeeze: Retail Investors Rally as BayoTech Deal Boosts Shares"
Shares of Nikola Corp jumped 14% after a short squeeze caused the electric-truck maker's stock to soar by nearly 61% in its busiest trading session on record. The surge came after Nikola announced a deal to sell 50 EVs to BayoTech and purchase low-carbon hydrogen from the firm. The short squeeze led to a record 317 million shares traded. Nikola's strong performance indicates continued interest in EV stocks from individual investors, with the company being the most traded stock among retail traders after Tesla.