U.S. Markets close in 3 hrs 47 mins
  • S&P 500

    4,588.77
    +37.09 (+0.81%)
     
  • Dow 30

    35,669.66
    +178.97 (+0.50%)
     
  • Nasdaq

    15,412.53
    +176.70 (+1.16%)
     
  • Russell 2000

    2,284.18
    +31.69 (+1.41%)
     
  • Gold

    1,803.10
    +4.30 (+0.24%)
     
  • EUR/USD

    1.1684
    +0.01 (+0.6660%)
     
  • 10-Yr Bond

    1.5570
    +0.0280 (+1.83%)
     
  • Vix

    16.58
    -0.40 (-2.36%)
     
  • GBP/USD

    1.3801
    +0.0059 (+0.4265%)
     
  • USD/JPY

    113.4100
    -0.4000 (-0.3515%)
     
  • BTC-USD

    61,247.96
    +2,413.21 (+4.10%)
     
  • CMC Crypto 200

    1,478.55
    +59.17 (+4.17%)
     
  • FTSE 100

    7,249.47
    -3.80 (-0.05%)
     
  • Nikkei 225

    28,820.09
    -278.11 (-0.96%)
     

Why Fisker Stock Is Down Today

·2 min read
Why Fisker Stock Is Down Today
In this article:
  • Oops!
    Something went wrong.
    Please try again later.

Shares of electric-vehicle start-up Fisker (NYSE: FSR) were trading lower on Thursday after a downgrade from a widely followed Wall Street auto analyst. As of 1 p.m. EDT, Fisker's shares were down about 6.2% from Wednesday's closing price. In a new note on Thursday morning that covered several automotive stocks, Bank of America analyst John Murphy cut the bank's rating on Fisker to neutral, from buy, and lowered its price target to $18 from $27.