After Fisker's 81% November Plunge, Is it Time to Panic?
There's little doubt that it's a tough time to be an electric vehicle (EV) manufacturer. Companies not named (NASDAQ: TSLA) are burning cash producing EVs at low volume with high costs, and range anxiety, pricing, interest rates, and quality questions have caused investors to lose sleep at night.
Fisker (NYSE: FSR) hasn't escaped these concerns, and with the stock plunging 81% in November, is it time for investors to press the panic button?
It's pretty clear taking a look at the graph below that November was a rough speed bump for the young EV maker.
Source Fool.com
Tesla Inc Aktie
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