Why Fisker Stock Is Trading Higher Thursday
Portfolio Pulse from Adam Eckert
Fisker Inc's stock is trading higher after the EPA issued a range assessment above company estimates and approved the Fisker Ocean Extreme for sale and delivery in all 50 U.S. states. The Ocean Extreme has an EPA estimated total range of 360 miles, making it the longest-range electric SUV sold in the U.S. for under $200,000.
June 01, 2023 | 1:28 pm
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Fisker's stock is trading higher after the EPA approved the Ocean Extreme for sale in all 50 U.S. states and issued a range assessment above company estimates.
The EPA's approval of the Fisker Ocean Extreme for sale and delivery in all 50 U.S. states, along with the range assessment exceeding company estimates, is a significant milestone for Fisker. This news is likely to boost investor confidence in the company's ability to deliver a competitive electric SUV, leading to a positive short-term impact on Fisker's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100