Fisker Stock Alert: Fisker Faces Opposition to Fire-Sale EV Plan

Fisker (OTCMKTS:FSRNQ) has encountered some turbulence as it tries to liquidate its supply of unsold electric vehicles (EVs). Indeed, the U.S. Trustee Program, a Justice Department branch tasked with regulating the bankruptcy system, has objected to the company's proposed EV sale. What does this mean for Fisker stock? Well, if today is any indicator, nothing good. Fisker is down more than 3% at the time of writing, though that's something of a drop in the bucket considering the stock's 99% losses this year. ...