Why Fisker Stock Raced Higher This Week

From Nasdaq:

Fisker experiences a U-turn with impressive 2023 vehicle deliveries. Shares on the stock market are up 21.9% as of last Friday.
The company produced 10,142 vehicles in 2023 and enhanced its loyalty program to improve the customer experience.
Potential investors are urged to exercise caution and wait for the company’s fourth-quarter financial results before making any investment decisions.

Fisker ended the year with impressive vehicle deliveries but interested investors should wait for the company’s fourth-quarter 2023 financial results before investing.
Fisker produced 10,142 vehicles, grew vehicle deliveries by over 300% from Q3 to Q4, and upgraded its loyalty program.

The Motley Fool Stock Advisor team didn’t list Fisker as one of the 10 best stocks for investors to buy now. They cite other stocks as ones that could produce better returns in the coming years. The Stock Advisor service has more than tripled the return of the S&P 500 since 2002.



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