Fisker stock price

Fisker is forecasting roughly 20, electric vehicles will be delivered in Rivian shined this week, fisker stock price, but the EV market didn't have a good week overall. Fisker raised questions about its ability to continue as a going concern. Fisker stock fell to record lows on Friday after the company issued a "going concern" warning.

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Fisker stock price

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Fisker stock price

Until the market's closing on Thursday, shares of the electric vehicle EV start-up had surged ET Friday. Investors who expected to see some glimmer of hope in Fisker's numbers and were betting on the languishing stock ahead of earnings were in for a rude shock today when the company issued a "going concern" warning. The stock attracted some brutal analyst downgrades after earnings. Fisker announced its preliminary numbers this morning. In , it produced 10, but delivered under 5, units. Fisker said it expects to deliver 20, to 22, Ocean SUVs this year. While that still sounds encouraging, Fisker confessed it is preparing for "another difficult year," and things have now come to a point where the company has "substantial doubt about its ability to continue as a going concern. In other words, Fisker's cash balance isn't enough to find its day-to-day operations for the next 12 months. Fisker also said it will be unable to file its annual report with the Securities and Exchange Commission within the stipulated time.

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Strong sell Strong buy. TipRanks Community. Source: FactSet. Trending Stocks. Not interested in this webinar. Sorry, No Data Available There is no website visitor data available for this stock. Latest news about Fisker Inc. Technical Analysis. Compound Interest Calculator New. Log In Sign Up. EV maker Rivian faces turning point with debut of cheaper R2. Market Closed - Nyse Other stock markets.

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