news today is the 11 of a company - of size but small - that supplies batteries or ? battery Hydrogen ? stuff to NKLA (although it has cash - three parts to that company and hopes to sell any one part to raise money for ALL three (new owner and them with cash)
but it is not good news ------ and of course today is the day it goes up
Hypothesis - last few days were the SELL on expected bad news - BUY on the day of the bad news - (especially as the 11 company proposes to stay an ongoing concern and fix things fast?)