Why Fisker Stock Crashed to an All-Time Low Today
Fisker Fisker (US:FSR) The Motley Fool·2024-01-17 16:23

Shares of Fisker (FSR -7.52%) have fallen steadily so far this year, and this morning was no different. The electric vehicle (EV) stock was down 11% at 10 a.m. ET on Wednesday morning and had hit an all-time low of 0.8516 a share.Fisker has struggled to make a mark in the EV industry so far. But just when investors thought the EV maker was making an effort to turn things around, their hopes were dashed. This morning, an analyst downgraded Fisker stock's price target by a jaw-dropping 90%.Ocean SUV probe and ...