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Why Fisker Stock Hit an All-Time Low Today

TheMotleyFool

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Why Fisker Stock Hit an All-Time Low TodayPhoto, wide shot, wide-angle lens, soft focus, Auto parts supplier, Blue hour, twilight, cool, ISO1200, slow shutter speed, photo by Sebastião Salgado: https://oaidalleapiprodscus.blob.core.windows.net/private/org-IbuNdCATsFaPOITjFOv2kJh3/user-AXaxqjBUW45D8BadJEo9mUpW/img-XjwbnkgTrFCFx6Y3gLbqZBCj.png?st=2023-05-13T09%3A21%3A52Z&se=2023-05-13T11%3A21%3A52Z&sp=r&sv=2021-08-06&sr=b&rscd=inline&rsct=image/png&skoid=6aaadede-4fb3-4698-a8f6-684d7786b067&sktid=a48cca56-e6da-484e-a814-9c849652bcb3&skt=2023-05-13T06%3A55%3A39Z&ske=2023-05-14T06%3A55%3A39Z&sks=b&skv=2021-08-06&sig=wJlbn/o%2BieTjclaQNRsJc%2BDDZieC0UCS6BPi5tapxAA%3D

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

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