Fisker Stock Popped on Friday. Looked at 1 Way, This Stock Has a P/E of Less Than 1.
Three straight days of share price declines came to an end for Fisker (FSR 7.00%) on Friday. Investors cheered news that the electric car start-up will attend next week's National Automobile Dealers Association (NADA) Show in Las Vegas -- and livestream an interview announcing its plans to set up a car dealer network -- setting up Fisker stock for an 4.5% run higher (through 2 p.m. ET).With Fisker stock selling for less than $0.80 a share -- down from a pandemic-era high of more than $28 per share -- invest ...