Why Fisker Stock Dived by Almost 9% Today
Fisker Fisker (US:FSR) The Motley Fool·2024-01-25 22:34

Weak numbers from a top peer and an analyst's deep price target cut sent Fisker (FSR -8.49%) stock to the investor used-car lot on Thursday. The high-end electric vehicle (EV) maker's share price tumbled by nearly 9% on the day, while the S&P 500 index inched into positive territory with a 0.3% gain.Tepid TeslaThat peer was EV industry pace-setter Tesla, which unveiled its fourth quarter results after market hours on Wednesday. Unfortunately for Tesla shareholders specifically and EV sector bulls generally, ...