Why Fisker Stock Surged Again Today After an Explosive Monday
Fisker (US:FSR) The Motley Fool·2024-01-23 16:28After an explosive Monday, Fisker (FSR -2.48%) stock rose even higher Tuesday morning, surging 10.8% within minutes of the market's opening. After announcing a new agreement with an institutional investor yesterday that could free up some cash for the electric vehicle (EV) maker, Fisker is trying harder to reinstate investors' faith with an important business update today.Fisker has reduced debt and expects to boost cash flowsFisker started delivering its Ocean SUVs in mid-2023 but has struggled to scale up ...