Fineacre Securities Limited - Fisker's stock jumps as EV deliveries surge

In the morning of Friday, shares of Fisker (FSR) increased when the business said that it had delivered 4,700 automobiles in 2023, which was the first year that it had ever delivered vehicles.
SHEUNG WAN, Hong Kong - Jan. 2, 2024 - PRLog -- According to a business report that was made public on Friday, the firm shipped more than 3,000 automobiles during the fourth quarter, which is a 300% increase from the 1,097 automobiles that it shipped during the third quarter.

A customer in the United Kingdom received the first Fisker Ocean Sport that the firm had ever sold. Additionally, the company said that it had shipped its first automobiles to Canada during the fourth quarter.Throughout the year 2023, the corporation has considerably reduced the scope of its goals and objectives.

The company said at the beginning of the year that it would produce more than 42,000 automobiles. For the year, the firm manufactured 10,142 automobiles, as stated in the report that was presented on Friday. This figure is consistent with the projection that the company issued at the beginning of December.

On Friday morning, shares were trading at about $1.85, representing a 25% increase. Despite this, they have lost approximately 75% of their value so far this year and are now 93% below their original high point.

Fineacre Securities Limited's diverse customer includes businesses, government agencies, and individuals, whom the company provides directly with a wide range of financial services. These services include investment management, banking, securities, and investing. You may go to for further information.

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Page Updated Last on: Jan 11, 2024
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