Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why Fisker Stock Finally Bounced on Friday

TheMotleyFool

0 0

Why Fisker Stock Finally Bounced on FridayPhoto, wide shot, wide-angle lens, soft focus, Amusement park, Blue hour, twilight, cool, ISO1200, slow shutter speed, photo by David Maisel: https://oaidalleapiprodscus.blob.core.windows.net/private/org-IbuNdCATsFaPOITjFOv2kJh3/user-AXaxqjBUW45D8BadJEo9mUpW/img-9ykfBOFTwqbOHnaukQ2bUqdm.png?st=2023-05-13T13%3A50%3A52Z&se=2023-05-13T15%3A50%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=2023-05-12T20%3A43%3A22Z&ske=2023-05-13T20%3A43%3A22Z&sks=b&skv=2021-08-06&sig=G2Gltvd1Lg2exXRILeKuP5%2BTSWMna0SOjxb75jCyrG0%3D

Three straight days of share price declines reversed for Fisker (NYSE: FSR) on Friday, after the electric car start-up announced it will be attending the National Automobile Dealers Association (NADA) Show in Las Vegas next week, and will there "share its plans" for setting up a car dealer network.

Fisker shares rose 8.5% through noon ET in response to the news.

Earlier this month, Fisker announced that it plans to shift from a Tesla-like direct sales model and instead develop a dealer network (of some sort) of its own.

Source Fool.com