Fisker Inc. (FSR) shares were up 11.78% at $16.80 at last check in after-hours trading. During the regular session, FSR stock closed at $15.03, increased 3.94% or $0.57. During the session, the FSR stock traded between $13.96 and $15.0733. During the day, 9.97 million shares of FSR stock were traded, higher than the company’s 50-day daily volume of 8.81 million and lower than its year-to-date volume of 14.3 million.
FSR stock has declined 21.60% in the past 12 months, and it has declined -5.83% in the last one week. The FSR stock has gained 0.67% over the last six months, and 46.49% over the last three months. The return on FSR stock thus far this year is 2.59%. Before attending an annual conference, FSR stock is surging.
In which events will FSR participate?
Fisker, based in California, is revolutionizing the automotive industry by creating the most emotionally appealing and environmentally friendly electric vehicles. With a vision of a clean future for all, FSR is dedicated to becoming the world’s premier provider of e-mobility services.
Henrik Fisker, Chairman, and CEO of Fisker, is participating in the Canaccord Genuity 41st Annual Growth Conference, announced the company in a press release yesterday. Henrik Fisker’s “Fireside Chat” will cover a wide range of topics. Those will include product development progress of Fisker Ocean with manufacturing partner Magna and Fisker PEAR, a no-compromises sub-$30,000 EV with manufacturing partner Foxconn.
FSR’s CEO will also discuss the United States’ goal of 50% electric vehicles by 2030, which was recently stated by President Biden. The webcast will be available between 2:00 and 2:25 pm ET on Wednesday, August 11, 2021. In addition to the webcast, Fisker will also be making the presentation available on its investor relations website.
FSR Stock is moving toward EV plans:
Announcing a new strategic partnership last week, Fisker (FSR) and Bridgestone voiced their vision for a more sustainable future of mobility. A must-have all-electric SUV, the Fisker Ocean, has chosen Bridgestone as its exclusive tire partner. With a vegan interior and a solar roof, the Fisker Ocean makes extensive use of recycled materials. Fisker Ocean vehicles sold in North America and in Europe will be equipped with Bridgestone Potenza Sport tires.
In addition to offering a comfortable ride and handling stability, the Potenza Sport tires are engineered to reduce friction and rolling resistance, minimizing the amount of power required to move the Fisker Ocean’s tires. With production beginning on November 17, 2022, Fisker’s Ocean will take the stage at the Los Angeles Auto Show in 2021.
