Fisker soars as it responds to bankruptcy reports

Fisker Inc (NYSE:FSR), the embattled electric vehicle maker, soared 31% after it broke its silence surrounding reports it is nearing bankruptcy. The group is focused on developing a “strategic partnership with a large automaker” and raising additional capital, it said in a statement. Fisker has also been working with outside advisors on the future of the business and potential strategies. The US firm said: “The company is also continuing to pursue its shift to a Dealer Partnership model in both North Americ ...