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Short squeeze alert for January 11th: 2 stocks positioned to surge
Finbold· 2024-01-11 13:40
When analyzing stock market trends, investors regularly keep an eye on stocks with significant short interest, where the potential for a sudden surge keeps investors on their toes.Monitoring stocks with a hefty percentage of their float shorted has become a common strategy. Why? Because these situations often pave the way for what’s known as a ‘short squeeze.’ This phenomenon happens when traders who’ve heavily bet against a stock suddenly scramble to cover their positions by snatching up shares. This not o ...
Why Fisker Stock Hit an All-Time Low Today
The Motley Fool· 2024-01-10 20:55
Fisker (FSR -7.92%) dropped to as low as $1.10 per share today. That's an all-time low mark for the stock of the electric vehicle (EV) start-up. The move lower is occurring despite the major U.S. stock indexes all moving higher today.As of 3:10 p.m. ET, Fisker stock was still at that low mark, down by 8.3%. While no major news came from the company, a Securities and Exchange Commission (SEC) filing may be the culprit.Warning investors about changesFisker has released several items of news to start 2024. The ...
Fisker Is Official Automotive Sponsor of Art of Elysium's "Heaven 2024" Gala; VIPs Experience Fisker Ocean
Businesswire· 2024-01-10 10:00
FISKER IS OFFICIAL AUTOMOTIVE SPONSOR OF ART OF ELYSIUM’S “HEAVEN 2024” GALA. Image credit: Presley Ann/Getty Images for The Art of ElysiumFISKER IS OFFICIAL AUTOMOTIVE SPONSOR OF ART OF ELYSIUM’S “HEAVEN 2024” GALA. Image credit: Presley Ann/Getty Images for The Art of ElysiumLOS ANGELES--(BUSINESS WIRE)--Fisker Inc. (NYSE: FSR) (“Fisker”), driven by a mission to create the world’s most emotional and sustainable electric vehicles, announced that the award-winning Fisker Ocean all-electric SUV was the offic ...
Looking for Growth Stocks That Can Double? 2024 Could Be a Big Year for These Two.
The Motley Fool· 2024-01-09 10:15
Finding stocks that are poised to pop or even double in a matter of months is no easy task. If it was, we'd all be retired by now. That's why it's generally a better strategy to find strong companies poised for long-term growth that you can buy stock in and hold long-term to get the gains you desire.When looking for those growth stocks with the potential to double your money over the long term, it can help to look in industries that are demonstrating outsized growth potential. The electric vehicle (EV) indu ...
FSR Stock Drops 10% as Fisker Appoints Yet Another Chief Accounting Officer
InvestorPlace· 2024-01-08 19:53
Fisker (NYSE:FSR) has gone through its fair share of management shakeups. And the electric vehicle (EV) company just announced another one this morning.Effective immediately, Angel Salinas will take on the role of Chief Accounting Officer (CAO). This role reports directly to CFO Dr. Geeta Gupta-Fisker.Salinas most recently held the role of Assurance Partner at big four accounting firm PricewaterhouseCoopers (PwC), where he worked for over two decades. At PwC, Salinas had a focus on regulatory compliance and ...
Why Fisker Stock Continued to Plunge Today
The Motley Fool· 2024-01-08 18:48
Fisker (FSR -9.40%) has had a rough start to the year. Shares have plummeted more than 30% over the last five days. That trend continued today, with the stock down by 11.3% as of 12:55 p.m. ET.Last week, the electric vehicle (EV) maker announced a major change in its sales strategy to jump-start sales of its electric Ocean SUV and shave down unexpectedly high delivery costs. The Ocean is manufactured by contract partner Magna International at a factory in Austria. That strategic change seemed to rattle inve ...
Fisker Names Angel Salinas as Chief Accounting Officer
Businesswire· 2024-01-08 08:30
LOS ANGELES--(BUSINESS WIRE)--Fisker Inc. (NYSE: FSR) (“Fisker”), driven by a mission to create the world’s most emotional and sustainable electric vehicles, today announced that Angel Salinas has been named Chief Accounting Officer, effective immediately. Salinas will report to CFO Dr. Geeta Gupta-Fisker. “I’m excited to join Fisker at such an exciting point in its history and looking forward to working with executive leadership and the accounting team to help manage the continued rapid growth the compa ...
Why Shares of Rivian, Nio, and Fisker Raced Higher in December
The Motley Fool· 2024-01-05 02:27
Providing a gift to investors during the holiday season, electric vehicle stocks accelerated through the finish line of 2023 and ended notably higher than where they were at the end of November. From encouraging delivery figures to new partnerships, there was a variety of things that led investors to park Rivian (RIVN -4.04%), Nio (NIO -2.71%), and Fisker (FSR -2.01%) in their portfolios.According to data provided by S&P Global Market Intelligence, Rivian's shares skyrocketed 40%, while Nio and Fisker drove ...
Where Will Fisker Stock Be in 1 Year?
The Motley Fool· 2024-01-04 22:29
Fool.com contributor Parkev Tatevosian evaluates Fisker (FSR -2.01%) stock to give his prediction on where it could be by the end of 2024.                         *Stock prices used were the afternoon prices of Jan. 2, 2024. The video was published on Jan. 4, 2024.  ...
Will a New Sales Model Save Fisker (FSR) Stock?
InvestorPlace· 2024-01-04 20:09
Fisker (NYSE:FSR) stock is in the red today, bringing its year-to-date (YTD) loss to more than 10%. This morning, the electric vehicle (EV) company announced that it is in the process of developing a dealer partnership model in the U.S. and is planning on utilizing a direct sales and dealer arrangement model in Europe.“As we saw throughout 2023, the EV market has changed dramatically,” said CEO Henrik Fisker. “As a high-growth startup, Fisker is transforming its strategic efforts by putting in place the bra ...