Fisker stock rises after delivering first Ocean Sport, but heads for 5th straight sub-$1.50 close
Shares of Fisker Inc.
FSR,
rose 0.7% in premarket trading Wednesday, after the electric vehicle maker announced the delivery of the first Fisker Ocean Sport this year to a customer in the U.K. The Fisker Ocean Sport has a base price of $38,999 in the U.S. Despite the gain, Fisker’s stock is headed for its fifth straight close below the $1.50 level, and the ninth close below that level in December. The first close below $1.50 was Dec. 6, when it closed at a record low of $1.41. The stock has plunged 76% over the past three months through Tuesday, while the Global X Autonomous & Electric Vehicles ETF
DRIV,
has gained 8.3% and the S&P 500
FSR,
has rallied 11.7%.