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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 ...
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 ...
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 ...
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.
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.
Electric vehicle startup Fisker is headed towards a liquidation, attorneys said in U.S. bankruptcy court on Friday, as two creditor factions previewed a battle over which group will be paid first.
That being said, for the quarter on a preliminary basis, Fisker reported revenue of $71.8 million vs. $100.8 million estimated by Bloomberg. Fisker reported an EPS loss of $0.27, versus the $0.21 ...
California-based Fisker, which listed via a SPAC in 2020, received a notice from the New York Stock Exchange for non-compliance as its stock closed at under $1 on average for 30 trading days ...