Fisker loses its biggest bull as EV maker's stock breaks the buck

Shares of Fisker Inc. extended their losses below $1 after the electric-vehicle maker lost its most bullish analyst, who cited the company’s continued accumulation of “unanticipated growing pains” for his loss of faith.“While we still believe Fisker has the potential to be a player in the EV market, the inconsistency of delivery cadence, shift in distribution strategy and now an investigation into the Ocean’s braking performance, give us pause in recommending the stock,” TD Cowen analyst Jeffrey Osborne wro ...