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Fisker Shares Fall Extra Than 10% After EV Startup Cuts Manufacturing Goal

by Finance Systems
November 14, 2023
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Up to date Nov. 13, 2023 6:39 pm ET

Electrical-vehicle startup Fisker delivered a disappointing third quarter, lacking analysts’ expectations on income and losses and main the inventory to tumble in after-hours buying and selling.

The Manhattan Seashore, Calif.-based startup final week delayed its quarterly report back to Monday afternoon, attributing the change to the departure of its chief accounting officer in late October. Fisker stated a brand new chief accounting officer started work this previous week. 

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