Why Fisker Shares Are Trading Higher By Over 20%? Here Are Other Stocks Moving In Friday's Mid-Day Session
Portfolio Pulse from Avi Kapoor
Fisker Inc. (NYSE:FSR) shares surged over 20% after the company reported a 300% increase in deliveries from Q3 to Q4, with total deliveries around 4,700, primarily of the Fisker Ocean One launch edition. Other stocks also showed significant movement in Friday's mid-day session, with notable gainers and losers across various sectors.
December 29, 2023 | 6:03 pm
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Fisker Inc. shares rose sharply by 20.8% to $1.8250 after reporting a 300% increase in deliveries from Q3 to Q4 and delivering approximately 4,700 vehicles.
The sharp increase in deliveries indicates strong demand and operational success, which is likely to positively influence investor sentiment and the stock price in the short term.
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