Fisker’s stock falls toward a record low after earnings release delayed by about a week

Shares of Fisker Inc. FSR, fell 0.9% in premarket trading Wednesday, putting it on track to open at the Nov. 1 record low price of $4.33, after the electric vehicle maker pushed back the release of its third-quarter results by nearly a week. The company was scheduled to report results ahead of Wednesday’s open, but said in a release just before the results were expected that it “adjusted” the schedule to Nov.

13, after the market closes. “The timing of the appointment of a new chief accounting officer effective November 6, 2023 and the departure of the former chief accounting officer effective October 27, 2023 has delayed the completion of the financial statements and related disclosures,” the company said in a statement. Teh stock has tumbled 26.3% over the past three months through Tuesday, while the S&P 500 SPX, +0.28% has slipped 2.7%.

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WeWork stock still halted for news, with no release or comment from the companyTomi Kilgore is MarketWatch's deputy investing and corporate news editor and is based in New York. You can follow him on Twitter TomiKilgore.
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