Why Fisker Stock Dropped Double Digits This Week
Fisker (NYSE: FSR) stock hit a wall this week that sent it plunging after a recent run. Shares had soared by more than 25% in a three-week period before reversing course this week. Since last Friday's close, Fisker stock has retreated by about 13% as of late Thursday afternoon, according to data provided by S&P Global Market Intelligence.
The sharp gains for Fisker stock in recent weeks came after the company officially introduced its next upcoming vehicle models at a mobility show in Munich. The PEAR electric car designed for urban environments, Alaska electric pickup truck, and Rōnin four-door convertible sportscar are expected to part of Fisker's lineup by the end of 2026.
Source Fool.com
