From Dow Jones & Company:

Shares of Fisker Inc. surged higher after announcing plans to accelerate sales and deliveries in January as part of its 2024 outlook. The stock rallied 14.2%, reaching a one-month high, and was trading 22.7% above its record closing low hit on Dec. 6. Fisker also reported producing 10,142 EVs and delivering about 4,700 in 2023, despite supply chain issues resulting from the COVID-19 pandemic. Meanwhile, other EV makers like Tesla, Nio, Nikola, Rivian, and Lucid experienced declines in their stock prices amidst Fisker’s rally. Tesla’s stock, however, has more than doubled in 2023.



Read more: Fisker’s stock soars as EV maker to announce plan to boost sales, deliveries