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Fisker received a warning from NYSE because of its low stock value in February. On Monday, within a month of the previous notice, the company was delisted from the world’s biggest stock exchange.
Fisker’s stock was trading at 32 cents a share at the close of trading Wednesday, a more than 80% decline since the start of 2024. Fisker is founder Henrik Fisker’s second car company.
March 26, 2024 at 5:01 PM. ... and it sent Fisker’s stock price plunging after its release. ... For more CNN news and newsletters create an account at CNN.com. Show comments.
Between October 30, 2020, and April 22, 2024, Fisker was publicly listed and traded on the New York Stock Exchange under the ticker symbols FSR, FSRN, or FSRNQ. [32] [33] On June 28, 2021, Fisker stock was added to the Russell 3000 Index. [34]
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 ...
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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 ...
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)