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By February 2024, Fisker investors knew they were in trouble. ... it was for Nikola to remain listed on the Nasdaq Stock Market. Nasdaq requires listed companies to maintain a minimum share price ...
Michaeli downgraded the stock to Neutral/High Risk (equivalent of a Hold) and cut his price target to $.80 from $4. In Q4, Fisker reported revenue of $200.1 million, missing Bloomberg consensus ...
On June 28, 2021, Fisker stock was added to the Russell 3000 Index. [34] On July 28, 2021, Fisker announced it would invest $10 million in private investment in public equity funding in an EV charging company. [35] Henrik Fisker announced in 2022 that Fisker Inc. would set up its first India entity, a global technology center, in Hyderabad.
Fisker’s shares traded for as much as $28 in February of 2021, valuing the company at just under $8 billion, but its shares now currently trade for less than 10 cents per share, reducing the EV ...
The Fisker Ocean is a battery electric mid-size crossover SUV that was manufactured and marketed by Fisker, which filed for bankruptcy protection in June of 2024. Released in 2023, the Ocean was intended to be the first of three models in a lineup of mass-market all-electric vehicles designed by Henrik Fisker .
The interior of a Fisker Ocean is displayed during an event outside the New York Stock Exchange (NYSE) in New York City, U.S., November 22, 2022. REUTERS/Brendan McDermid (Brendan McDermid / reuters)
Shares in Fisker tumbled last week after the group received a non-compliance letter from the NYSE after its share price closed below $1 on average for 30 trading days.
Cash-strapped Fisker's shares skid nearly 47% on Friday after the electric vehicle startup flagged going-concern risks, job cuts and a pause in investments into future projects until it secures a ...