Fisker (FSR) to deliver remaining 2023 units in 1Q24, dealer-partner model gains traction

Midday movers: Alibaba surges, 3M sinks, and more

(Updated - January 23, 2024 11:49 AM EST)

Investing.com -- Main U.S. indexes edged lower Tuesday, consolidating after recent gains as the earnings season kicks into full gear.

Here are some of the biggest U.S. stock movers today:

United Airlines (NASDAQ: UAL) stock rose 6.6% after the carrier reported strong fourth-quarter results, thanks in part to its "busiest" travel period ever in the last two weeks of December, but it said it expects a wider-than-expected loss in its current quarter.

Verizon (NYSE: VZ)... More

Fisker expects to deliver unsold 2023 vehicles in first quarter, gains dealer traction

(Reuters) - Fisker said on Tuesday it expects to sell all its nearly 5,000 unsold vehicles made last year by the end of the first quarter and that its newly announced dealer-partner model has gained traction.

More than 100 dealers in the United States, Canada, and Europe have expressed interest in becoming a Fisker dealer, the electric vehicle (EV) company... More

Fisker (FSR) Provides Update on Business Activities

Fisker Inc. (NYSE: FSR) today is providing an update on recent business activities.

Dealer Partner Model Update

On January 4, Fisker announced a change in its vehicle distribution strategy toward an innovative Dealer Partnership model in North America and hybrid model in Europe that will continue to include direct sales... More

Fisker (FSR) gains following investor agreement

Shares of electric automaker, Fisker (NYSE: FSR) skyrocketed by more than 15% in mid-day trading on Monday after the automaker announced that the company had reached an agreement with its 2025 convertible notes investor.

As per the 8-K filing with the SEC, Fisker and the investor have mutually agreed that upon finalizing... More

Fisker (FSR) Enters Amendment and Waiver Agreement to an Outstanding Note

On January 21, 2024, Fisker (NYSE: FSR) and an institutional investor (the Investor) that holds the Companys outstanding 0% senior secured convertible notes due 2025 (the Notes) entered into a Second Amendment and Waiver Agreement (the Second Waiver), pursuant to which, among other things:
(i) in connection with one or... More

Fisker (FSR) responds to NHTSA preliminary evaluation

American electric automaker, Fisker (NYSE: FSR)issued a statement Friday concerning a preliminary evaluation initiated by the National Highway Traffic Safety Administration (NHTSA) Office of Defects Investigation. The evaluation was initiated following reports of breaking issues with the companys 2023 Fisker... More

Fisker (FSR) 'fully cooperating' with NHTSA on breaking issue

Fisker (NYSE: FSR) has issued the following statement on the National Highway Traffic Safety Administration (NHTSA) Office of Defects Investigations (ODI) Preliminary Evaluation of reported braking issues with the 2023 Fisker Ocean:

Fisker is fully cooperating with NHTSA on this matter.

The Fisker... More