Down 75% Last Year, Is Fisker a Buy in 2024?
The idea of finding a young electric vehicle (EV) maker poised to soar for years similar to Tesla is obviously enticing, but for many young EV makers, 2023 wasn't so kind. For instance, California-based Fisker (FSR -2.69%) was hit hard as the EV maker drove over a number of speed bumps -- sending its stock sliding 75% lower last year. But is there light at the end of the tunnel in 2024?Speed bumpsFisker had a rough year, no doubt about it, but the stock was relatively stable through the first three quarters ...