Fisker Stock Rises. The EV Start-Up Is Expanding Deliveries to 3 New Countries.

EV start-up Fisker is expanding deliveries of its Ocean SUV into more countries. Investors are taking the news in their stride. That’s just what Fisker should be doing at this point.

Fisker has already launched in Austria, Denmark, France, Germany, Norway, Sweden, and the U.K., as well as Canada and the U.S. Fisker stock was up 0.7% in premarket trading Monday at $5.85 a share. S&P 500 and Nasdaq Composite futures were up 0.1% and 0.2%, respectively. For 2023, Fisker expects to produce 20,000 to 23,000 units. In May, management’s production range for the year was 32,000 to 36,000 vehicles. In February, the range was 42,000 to 43,000 units for 2023.The cuts have weighed on shares. Coming into Monday trading, Fisker stock is down about 20% so far this year and about 10% over the past three months.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Fisker launches in 3 new European markets, with deliveries expected in SeptemberShares of Fisker Inc. rose 1.2% in premarket trading Monday, after the electric vehicle maker announced launches in three new markets in Europe. The company...
Source: MarketWatch - 🏆 3. / 97 Read more »

EV Start-up Fisker Expands Deliveries to 3 New Countries. The Stock Is Rising.The electric-vehicle company announced it has opened up new European distribution markets in Belgium, the Netherlands, and Switzerland.
Source: MarketWatch - 🏆 3. / 97 Read more »