Fisker, an EV start-up, has faced a downgrade from TD Cowen, shifting from outperform to market perform due to distribution strategy changes, delivery issues, missed timelines, and softening in the EV market. The stock price was downgraded from $11 to $1, with concerns about the company's collapse. However, there was a subsequent stock upgrade, although potential braking issues could cause volatility for the company.
Fisker Stock Upgraded. But Braking Issue Could Cause Volatility for the EV Start-Up. https://t.co/FpMLfT6TGz
Fisker downgraded $FSR https://t.co/mK8G56duR0
$FSR TD Cowen downgrades Fisker to market perform from outperform TD said it sees too many growing pains for Fisker. “A shift in distribution strategy, continued delivery issues, missed timelines and an overall softening in the overall EV market have taken the luster off of this…
🔥🔥🔥Cowen downgrades Fisker from $11 to $1. I've been predicting Fisker's collapse for months and published my research here on X to warn investors. Wallstreet is finally waking up. Take a look at this thread if you want to learn more: 👇 https://t.co/e5aIt8zvnH https://t.co/yUP1cADkJH
Fisker Can’t Catch a Break, but It Catches Another Downgrade https://t.co/WT0lZILI1l