What is Fisker Stock?

Fisker Inc. is an American automotive company that Henrick Fisker and his wife founded. The company is the successor to Fisker Automotive, whose assets were sold to Wanxiang Group in 2014 after its battery supplier went bankrupt.

Where Will Fisker Stock Be In 5 Years?

Fisker stock price prediction for the next 5 years is anybody's guess. My outlook on the asset will flip bullish once it breaks above the $10 level and flips into support once again. This can trigger a major rally in the shares to retest the next resistance of $14.70.

Why Is Fisker Stock Dropping?

The negative price action of Fisker shares comes as no surprise. The stock got listed by a SPAC merger, which appeared to be a desperate move for a cash grab. I reckon it was too soon for such a nascent company to list publicly. Such early-stage companies often carry a very a risk to reward ratio, but their success rate is very low.

How To Buy Fisker Stock?

Many online brokers currently allow you to buy Fisker stock. In fact, there are multiple ways to gain exposure to the stock of the innovative electric vehicle company. Popular online brokers and platforms include Robinhood, TD Ameritrade, IG Prime, Fidelity etc.