Why Fisker Stock Hit an All-Time Low Today
Fisker (NYSE: FSR) dropped to as low as $1.10 per share today. That's an all-time low mark for the stock of the electric vehicle (EV) start-up. The move lower is occurring despite the major U.S. stock indexes all moving higher today.
As of 3:10 p.m. ET, Fisker stock was still at that low mark, down by 8.3%. While no major news came from the company, a Securities and Exchange Commission (SEC) filing may be the culprit.
Fisker has released several items of news to start 2024. They included the hiring of a new chief accounting officer after two previous changes to that position since October.
Source Fool.com