Fisker's Stock Takes a Major Hit as Company Considers Bankruptcy

Wednesday, 13 March 2024, 23:25

Fisker, the electric vehicle maker, faced a significant drop in its stock price, plummeting over 40% after reports surfaced that the company is contemplating bankruptcy. Investor confidence wavered due to uncertainties regarding Fisker's financial stability. The potential bankruptcy exploration triggered a sharp decline in the EV company's market value, raising concerns about its future viability.
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Fisker's Stock Takes a Major Hit as Company Considers Bankruptcy

EV maker Fisker's stock plunges over 40%

Electric vehicle company Fisker's stock plunged more than 40% in after-hours trading on Wednesday amid investor concern about the company's ability to stay in business.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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