On Monday, the NYSE made public its decision to promptly suspend and eventually remove Fisker $FSR shares from trading due to their notably low prices. This action followed a significant drop in the stock’s value following its inability to secure investment from a prominent automotive company.
Fisker retains the option to reassess the NYSE’s decision to delist. On Monday morning, the company announced that discussions with a major automaker regarding a potential agreement had fallen through. Fisker is unable to fulfill a closing requirement for a previously agreed-upon $150 million financing commitment. The company is actively considering other strategic options.
Bringing you the latest updates on finance, economies, stocks, bonds, and more. Stay informed with timely insights.
Be First to Comment