FSR Stock Alert: Why Fisker Just Announced a Production Pause

It has been an extremely volatile month for electric vehicle (EV) startup Fisker (NYSE:FSR). Last week, The Wall Street Journal reported that Fisker had hired restructuring advisors in order to prepare for a potential bankruptcy. In response, the company noted that it does not comment on rumors and frequently works with outside advisors. It also added that it remains committed to raising capital and partnering with a large automaker. Fisker’s response failed to yield any information or reassure investors.To ...