Fisker Inc Ordinary Shares - Class A Azioni (OTC: FSRN)

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Fisker Inc Ordinary Shares - Class A

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The European Medicines Agency's Committee For Medicinal Products For Human Use Has Adopted A Positive Opinion, Recommending Approval Of Novo Nordisk's Alhemo (Concizumab) As The First Once-Daily Subcutaneous Prophylactic Treatment For People Aged 12 Years Or Older With Hemophilia A Or B With Inhibitors.

HC Wainwright &amp; Co. analyst Heiko Ihle reiterates First Majestic Silver (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AG#NYSE">AG</a>) with a Buy and maintains $8.5 price target.

Price Target

Reiteration

Analyst Ratings

HC Wainwright & Co. Reiterates Buy on First Majestic Silver, Maintains $8.5 Price Target

The combined companies for the trailing twelve months have generated $235 million in revenue, increasing approximately&nbsp;25%&nbsp;quarter-over-quarter.

Guidance

BTTR

Better Choice Expects Combined 2025 Pro Forma Basis Revenue And EBITDA To Be Approximately +$270M, And +$10M, Respectively

Better Choice Says Continues To Make Progress Towards Closing Of Its Acquisition Of SRx Health Solutions; Expects Transaction To Close In Late Q4 Of This Year Or Early Q1 Of 2025

Needham analyst Ami Fadia reiterates Neumora Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NMRA#NASDAQ">NMRA</a>) with a Buy and maintains $23 price target.

NMRA

Needham Reiterates Buy on Neumora Therapeutics, Maintains $23 Price Target

Based on sales trends and order intake in recent years, it expects further market share gains with domestic Chinese OEMs in the coming years.
With the seasonally strong fourth quarter remaining of the year, it reaffirms&nbsp;guidance of around 9.5-10.0% adjusted operating margin for 2024, but to be at the low end of this range.
&nbsp;

Autoliv Now Expects Full Year 2024 Organic Sales Growth To Be 1% Instead Of Previously Expected 2% Due To Unfavorable Market Mix Development

Regions Finl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RF#NYSE">RF</a>) reported quarterly earnings of $0.57 per share which beat the analyst consensus estimate of $0.53 by 7.55 percent. This is a 16.33 percent increase over earnings of $0.49 per share from the same period last year. The company reported quarterly sales of $1.87 billion which beat the analyst consensus estimate of $1.80 billion by 3.78 percent. This is a 0.54 percent increase over sales of $1.86 billion the same period last year.

Earnings

Earnings Beats

Regions Finl Q3 Adj $0.57 Beats $0.53 Estimate, Sales $1.87B Beat $1.80B Estimate

HC Wainwright &amp; Co. analyst Patrick Trucchio reiterates Alnylam Pharmaceuticals (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALNY#NASDAQ">ALNY</a>) with a Buy and maintains $400 price target.

ALNY

HC Wainwright & Co. Reiterates Buy on Alnylam Pharmaceuticals, Maintains $400 Price Target

Autoliv (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALV#NYSE">ALV</a>) reported quarterly earnings of $1.84 per share which missed the analyst consensus estimate of $1.95 by 5.64 percent. The company reported quarterly sales of $2.56 billion which beat the analyst consensus estimate of $2.53 billion by 0.89 percent. This is a 1.58 percent decrease over sales of $2.60 billion the same period last year.

Earnings Misses

Autoliv Q3 2024 Adj EPS $1.84 Misses $1.95 Estimate, Sales $2.56B Beat $2.53B Estimate

HC Wainwright &amp; Co. analyst Amit Dayal reiterates Gevo (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GEVO#NASDAQ">GEVO</a>) with a Buy and maintains $14 price target.

GEVO

HC Wainwright & Co. Reiterates Buy on Gevo, Maintains $14 Price Target

Needham analyst Ami Fadia reiterates Avadel Pharmaceuticals (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVDL#NASDAQ">AVDL</a>) with a Buy and maintains $22 price target.

Avadel Pharmaceuticals plc - American Depositary Shares each representing one Ordinary Share

AVDL

Needham Reiterates Buy on Avadel Pharmaceuticals, Maintains $22 Price Target

Needham analyst Mayank Tandon maintains WNS (Hldgs) (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WNS#NYSE">WNS</a>) with a Buy and lowers the price target from $70 to $60.

Needham Maintains Buy on WNS (Hldgs), Lowers Price Target to $60

Needham analyst Kyle Peterson reiterates Equifax (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EFX#NYSE">EFX</a>) with a Buy and maintains $350 price target.

Needham Reiterates Buy on Equifax, Maintains $350 Price Target

Needham analyst Mike Matson downgrades Boston Scientific (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BSX#NYSE">BSX</a>) from Buy to Hold and maintains the price target from $86 to $86.

Downgrades

Needham Downgrades Boston Scientific to Hold, Maintains Price Target to $86

<a href="https://www.reuters.com/technology/apples-new-iphone-sales-china-jump-20-first-3-weeks-counterpoint-says-2024-10-18/" title="https://www.reuters.com/technology/apples-new-iphone-sales-china-jump-20-first-3-weeks-counterpoint-says-2024-10-18/">https://www.reuters.com/technology/apples-new-iphone-sales-china-jump-20-first-3-weeks-counterpoint-says-2024-10-18/</a>

Tech

AAPL

Reported Earlier, Apple's New iPhone Sales In China Rose 20% In First 3 Weeks

EV <a href="https://www.benzinga.com/news/24/10/41223011/rivians-production-guidance-cut-spurred-by-miscommunication-with-atlanta-based-supplier-resulting-in">startup</a> Rivian Automotive (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIVN#NASDAQ">RIVN</a>) said on Thursday that it will launch its Halloween software update starting Oct. 18, complete with spooky features and car costumes.
What Happened: The company announced the update in a video posted on social media platform X featuring actor David Hasselhoff who starred in the Knight Rider series.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">An iconic duo reunited <a href="https://twitter.com/DavidHasselhoff?ref_src=twsrc%5Etfw">@DavidHasselhoff</a>.⁰ The countdown is on. Our Halloween software update arrives after the clock strikes midnight (local). Spooky features will be available for a limited time. <a href="https://t.co/hdKV0z4WIC">pic.twitter.com/hdKV0z4WIC</a>
&mdash; Rivian (@Rivian) <a href="https://twitter.com/Rivian/status/1846945663860572411?ref_src=twsrc%5Etfw">October 17, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
One of the car costumes available with the update is inspired by Knight Rider. The costume will alter the Rivian&#8217;s interior display system and the exterior lightbar on Gen 2 R1 vehicles will cascade a red beam to replicate the experience of K.I.T.T, the robotic automobile that featured in the series.
There are also other car costumes available with the update, inspired by iconic and classic vehicles from pop culture, such as one inspired by the time machine in Universal Pictures and Amblin Entertainment's Back to the Future, in addition to a spooky option. 
The haunted Rivian car costume has eight different sound effects and three different color themes to choose from ranging between purple, yellow, red, and green. The interior display screen will feature static and ghosts to increase the spooky feeling when the vehicle is parked with the costume. 
Besides Costumes: Besides costumes, Rivian&#8217;s new update changes pedestrians on the driver display to zombies and bicyclists and motorcyclists into headless horsemen. 
Vehicle owners can also play multiple spooky chirp sounds, including one resembling the owl. 
However, the spooky features will only be available for a limited time until November 4, the company warned. Additionally, <a href="https://www.benzinga.com/news/24/08/40574576/rivian-or-lucid-which-of-the-two-loss-making-ev-startups-is-solving-cash-burn">both the vehicle</a> and the Rivian mobile app must be updated to their latest versions for the features, it added.
Check out more of Benzinga&#8217;s Future Of Mobility coverage by&nbsp;<a href="https://www.benzinga.com/topic/mobility" target="_blank" rel="noreferrer noopener">following this link</a>.
Read More:
<ul>
<li><a href="https://www.benzinga.com/news/24/10/41324450/elon-musk-says-spacexs-next-generation-starlink-satellites-will-be-so-big-that-only-starship-can-lau" target="_blank" rel="noreferrer noopener">Elon Musk Says SpaceX's Next-Generation Starlink Satellites Will Be ‘So Big That Only Starship Can Launch Them'</a></li>
</ul>
Photo courtesy: Rivian

RIVN

Trick Or Treat: Rivian Rolls Out Spooky Halloween Update Featuring Car Costumes, Creepy Chirps

China-based U.S.-listed stocks experienced a notable pre-market rally on Friday, driven by China&#8217;s better-than-expected GDP figures for the third quarter.
What Happened: Several major Chinese companies saw significant gains. As per <a href="https://pro.benzinga.com">Benzinga Pro</a>, Alibaba Group Holding Ltd &#8211; ADR (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>) rose by 3.23%, while its rival PDD Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PDD#NASDAQ">PDD</a>) increased by 5.38%. Baidu Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BIDU#NASDAQ">BIDU</a>) climbed 4.23%, and JD.Com Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JD#NASDAQ">JD</a>) was up 5.05%. In the electric vehicle sector, Nio Inc &#8211; ADR (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NIO#NYSE">NIO</a>) and Li Auto Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LI#NASDAQ">LI</a>) saw increases of 5.44% and 6.48%, respectively.
China&#8217;s GDP grew by 4.6% year-over-year in the third quarter, surpassing expectations from a Reuters poll, though slightly below the 4.7% growth in the previous quarter. As per CNBC, this marks the slowest growth rate since mid-last year, moving further from Beijing&#8217;s 5% annual target. 
Retail sales in September grew by 3.2% year-on-year, exceeding forecasts, and industrial output rose by 5.4%, also surpassing expectations. However, house prices fell by 5.8% year-over-year in September, a larger decline than the 5.3% drop in August. Meanwhile, the CSI 300 index in Mainland China surged 3.62% to close at 3,925.23, after hitting an intraday high of 5.5%.
See Also: <a href="https://www.benzinga.com/news/24/10/41325447/after-pulling-down-oil-prices-with-weak-demand-china-urges-israel-iran-to-avoid-vicious-circle-of-co?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">After Pulling Down Oil Prices With Weak Demand, China Urges Israel, Iran To Avoid &#8216;Vicious Circle&#8217; Of Conflict</a>
Why It Matters: The recent economic data comes amid China&#8217;s efforts to stave off a potential economic downturn. In late September, China announced a <a href="https://www.benzinga.com/markets/equities/24/10/41182930/china-was-tipping-into-a-japan-style-lost-decade-of-deflation-and-stagnation-before-late-septemb">series of stimulus measures,</a> including a 50 basis-point cut to the mandatory reserve ratio and a reduction in the benchmark policy rate by 0.2 percentage points. The People's Bank of China also reduced rates on existing mortgages and lowered the minimum down payment on second homes. Despite these efforts, investor sentiment remained cautious, as the absence of a<a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41316058/chinese-stocks-etfs-struggle-as-multi-trillion-yuan-stimulus-hopes-fall-short-yet-m"> large-scale economic package</a> left traders underwhelmed. 
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41316396/lululemon-fresh-and-unique-shows-promise-thanks-to-china-opportunity-growth-push-sa?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Lululemon &#8216;Fresh And Unique,&#8217; Shows Promise Thanks To China Opportunity, Growth Push Say Analysts</a></li>
</ul>
Disclaimer: This content was partially produced with the help of <a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a> and was reviewed and published by Benzinga editors.
Image via Shutterstock

Asia

Global

Pre-Market Outlook

Markets

BABA

BIDU

Citigourp Global Markets 2% Protected Notes Linked To The Djia

Why Are Alibaba, Nio, JD.Com And Other US-Listed Chinese Stocks Surging Today?

Another billionaire investor is rooting for Republican presidential candidate Donald Trump&#8217;s victory in the Nov. 5 election and has accordingly positioned his portfolio. The call comes on the heels of former hedge fund manager Stanley Druckenmiller&#8216;s<a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41375637/market-very-convinced-of-a-trump-win-says-stanley-druckenmiller-why-billionaire-inv"> similar prediction.</a>
What&#8217;s In Store In Political Arena: &#8220;We believe that the likelihood of a Republican victory in the White House has increased, which would have a positive impact on certain sectors and the market overall,&#8221; said hedge fund Third Point founder and CEO Daniel Loeb said in the firm&#8217;s third-quarter investor letter. 
The hedge fund manager said the &#8220;America First&#8221; tariffs will increase domestic manufacturing, infrastructure spending, and prices of certain materials and commodities. He also said a potential reduction in regulation in the activist antitrust stance of the Biden-Harris administration would unleash productivity and a wave of corporate activity.
&#8220;Accordingly, we have increased certain positions that could benefit from such a scenario via both stock and option purchases and continue to shift our portfolio away from companies that will not,&#8221; the hedge fund manager said. A study of Senate races will likely see Republicans establishing a majority, thus precluding a &#8220;Blue Sweep&#8221; if Kamala Harris wins the race to the White House, according to the hedge-fund manager.
He warned of a &#8220;Blue sweep&#8221; theoretically ushering in crushing taxes, stifling regulations, and a headwind to growth.
See Also:<a href="https://www.benzinga.com/money/cyclical-stocks"> What Are Cyclical Stocks</a>
Economic Outlook: Loeb reassured investors regarding the economy. &#8220;In the economy, we see no evidence of recession, slowing inflation, and a real interest rate that still needs to come down,&#8221; he said.
The hedge fund manager also sees healthy consumer spending, and active levels of individual investing, providing a liquidity backdrop to sustain market levels. The setup is good for event-driven investing, he said, adding that &#8220;the potential for risk arbitrage transactions and corporate activity could usher in a golden age for the strategy.&#8221;
Third Point&#8217;s Q3 Winners &amp; Losers: Third Point Offshore Fund generated a return of 3.9%, taking the annualized net returns to 13.1%. The third-quarter returns of the fund, however, paled before the S&amp;P 500&#8217;s 5.9% gain and the MSCI World Index&#8217;s 6.5% rise.
Loeb noted that the global market gains continued in the third quarter but the rally broadened out in the quarter, with the Magnificent 7 trailing the broader market for the first time since the fourth quarter of 2022. Rate-sensitive stocks and cyclicals outperformed as the market looked ahead to the easing cycle, he added.
The top gainers and decliners of the fund are as follows:
Gainers
<ul>
<li>Privately-held R2 Semiconductor</li>
<li>PG&amp;E Corporation&#8217;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PCG#NYSE">PCG</a>) Pacific Gas and Electric Company&nbsp;subsidiary</li>
<li>Utility Vistra Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VST#NYSE">VST</a>)</li>
<li>KB Home (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KBH#NYSE">KBH</a>)</li>
<li>Lifesciences and diagnostics company Danaher Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DHR#NYSE">DHR</a>)</li>
</ul>
Losers:
<ul>
<li>Bath &amp; Body Works, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BBWI#NYSE">BBWI</a>)</li>
<li>Amazon.com, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>)</li>
<li>Advance Auto Parts, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AAP#NYSE">AAP</a>)</li>
<li>Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>)</li>
<li>Microsoft Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>)</li>
</ul>
Loeb also said his fund initiated a position in Danish freight forwarder DSV. &#8220;We believe DSV can earn more than 100 DKK per share in 2027 and see significant upside for one of Europe's best companies,&#8221; he said.
The SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>), an exchange-traded fund that tracks the performance of the S&amp;P 500 Index, traded up 0.25% to $583.78&nbsp;in premarket trading on Friday, according to<a href="https://benzinga.grsm.io/register174"> Benzinga Pro data.</a>
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/markets/equities/24/10/41374232/amid-nvidias-stratospheric-rally-billionaire-investor-druckenmiller-regrets-cashing-out-of-ai-st">Amid Nvidia&#8217;s Stratospheric Rally, Billionaire Investor Druckenmiller Regrets Cashing Out Of AI Stalwart&#8217;s Stock: &#8216;I&#8217;m Licking My Wounds From A Bad Sale&#8217;</a></li>
</ul>
Image via Flickr

Analyst Color

Economics

AMZN

BBWI

GOOG

GOOGL

MSFT

Hedge Fund Billionaire Daniel Loeb Bets On Trump Win, Singles Out This Recent Buy As Having 'Significant Upside Potential'

<a href="https://www.wsj.com/articles/bausch-health-rejects-bondholders-debt-proposals-explores-sale-of-vision-care-unit-f7832964" title="https://www.wsj.com/articles/bausch-health-rejects-bondholders-debt-proposals-explores-sale-of-vision-care-unit-f7832964">https://www.wsj.com/articles/bausch-health-rejects-bondholders-debt-proposals-explores-sale-of-vision-care-unit-f7832964</a>

Asset Sales

BLCO

The Wall Street Journal Reported Thursday, Bausch Health Rejects Bondholders' Debt Proposals; Explores Sale Of Its Bausch + Lomb Vision Care Subsidiary

Piper Sandler analyst Brent Bracelin maintains Klaviyo (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KVYO#NYSE">KVYO</a>) with a Overweight and raises the price target from $34 to $45.

KVYO

Piper Sandler Maintains Overweight on Klaviyo, Raises Price Target to $45

It has happened at last. Electric vehicle maker Fisker (OTC:<a class="ticker" href="https://www.benzinga.com/stock/FSRN#OTC">FSRN</a>) has filed for bankruptcy after a series of setbacks. The company is in talks with...

EV Maker Fisker Files for Bankruptcy

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
Fisker (OTCMKTS:<a href="https://investorplace.com/stock-quotes/fsrn-stock-quote/">FSRN</a>) filed for Chapter 11 bankruptcy protection in Delaware. It plans to <a href="https://www.cnbc.com/2024/06/18/ev-startup-fisker-files-for-bankruptcy-aims-to-sell-assets.html">sell its assets and restructure its debt</a>. 



The electric vehicle (EV) company made a luxury EV for a market that was quickly moving on to lower-priced merchandise.



Fisker stock was selling early on June 18 at 2.6 cents per share, the market capitalization below $22 million. That&rsquo;s factoring in a 42% drop in pre-market trading.



<h2>End of the Road?</h2>



Fisker is the second failed car start-up for founder <a href="https://en.wikipedia.org/wiki/Henrik_Fisker">Henrik Fisker</a>, a Danish engineer known for designing luxury cars. His first effort, Fisker Motors, went under <a href="https://www.nytimes.com/2013/04/24/business/fisker-broke-down-on-the-road-to-electric-cars.html">in 2013</a>. It got a $509 million federal loan in 2009 to make the Karma, a hybrid sports sedan.



The latest Fisker completed a merger with special purpose acquisition company (SPAC) Spartan Energy in 2020, <a href="https://investorplace.com/2020/11/does-a-billion-in-spaq-cash-make-fsr-stock-any-less-speculative/">raising $1 billion</a>. The cash was meant for the Ocean, an electric SUV. &nbsp;<a href="https://investorplace.com/2020/12/stay-away-from-tesla-copying-fisker-stock/">I compared it to Tucker, a fictional car company</a> that became a movie starring Jeff Bridges.



By 2021, I wrote Fisker stock was pure speculation, urging investors <a href="https://investorplace.com/2021/04/fisker-stock-at-this-point-is-real-speculation-not-just-paper/">not to put anything into it</a> they couldn&rsquo;t afford to lose. At the time, Fisker stock was trading at $14 per share and had a market cap of $4.29 billion.



Ocean production <a href="https://investorplace.com/2022/11/fisker-fsr-stock-pops-on-launch-of-ocean-suv-production/">began in 2022</a> through Magna International (NYSE:<a href="https://investorplace.com/stock-quotes/mga-stock-quote/">MGA</a>), a contract manufacturer. At the time, Fisker claimed it had a lower-cost model called <a href="https://investors.fiskerinc.com/news/news-details/2022/Fisker-and-Foxconn-Confirm-Fisker-PEAR-Production-in-Ohio/default.aspx">the Pear</a> that would be made by Foxconn (OTMKTS:<a href="https://investorplace.com/stock-quotes/hnhpf-stock-quote/">HNHPF</a>) in Ohio starting in 2024.



In late 2023, Henrik Fisker called reports of problems <a href="https://investorplace.com/2023/12/ceo-henrik-fisker-addresses-fsr-stock-declines/">&ldquo;overblown.&rdquo;</a> The company set plans to sell its remaining 2023 inventory <a href="https://investorplace.com/2024/01/fsr-stock-alert-fisker-plans-to-deliver-unsold-2023-vehicles-asap/">in January</a>. It announced a dealership strategy to move the cars <a href="https://investorplace.com/2024/02/fsr-stock-alert-fisker-is-expanding-its-dealership-strategy/">in February</a>.



<h2>Fisker Stock: What Happens Next?</h2>



This seems to be the end of the road for Fisker. Competing in the car business takes enormous amounts of capital. The game has moved to low-cost vehicles produced in mass quantities.



On Penny Stocks and Low-Volume Stocks:&#8239;With only the rarest exceptions, InvestorPlace does not publish commentary about companies that have a market cap of less than $100 million or trade less than 100,000 shares each day. That&rsquo;s because these &ldquo;penny stocks&rdquo; are frequently the playground for scam artists and market manipulators. If we ever do publish commentary on a low-volume stock that may be affected by our commentary, we demand that&#8239;InvestorPlace.com&rsquo;s writers disclose this fact and warn readers of the risks.&nbsp;



Read More:&#8239;Penny Stocks &mdash; <a href="https://investorplace.com/2014/05/fraud-penny-stocks-scams/" target="_blank">How to Profit Without Getting Scammed</a>&nbsp;



On the date of publication, Dana Blankenhorn did not hold (either directly or indirectly) any positions in the securities mentioned in this article.&nbsp;The opinions expressed in this article are those of the writer, subject to the&nbsp;InvestorPlace.com&nbsp;<a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/" target="_blank">Publishing Guidelines</a>.
<div><a href="http://www.danablankenhorn.com/">Dana Blankenhorn</a> has been a financial and technology journalist since 1978. He is the author of <a href="https://www.amazon.com/Technologys-Big-Bang-Yesterday-Tomorrow-ebook/dp/B0829C7XSF">Technology&rsquo;s Big Bang: Yesterday, Today and Tomorrow with Moore&rsquo;s Law</a>, available at the Amazon Kindle store. Tweet him at <a href="http://www.twitter.com/danablankenhorn">@danablankenhorn</a>, connect with him on <a href="https://journa.host/@DanaBlankenhorn"> Mastodon</a> or subscribe to his <a href="https://danafblankenhorn.substack.com/">Substack</a>.</div><h3>More From InvestorPlace</h3>
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	The post <a href="https://investorplace.com/2024/06/fisker-stock-alert-fisker-files-for-ch-11-bankruptcy/">Fisker Stock Alert: Fisker Files for Ch. 11 Bankruptcy</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

Fisker Stock Alert: Fisker Files for Ch. 11 Bankruptcy

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
Silk Road Medical (NASDAQ:<a href="https://investorplace.com/stock-quotes/silk-stock-quote/">SILK</a>) stock is on the rise Tuesday after the medical device company <a href="https://finance.yahoo.com/news/silk-road-medical-announces-definitive-110000096.html">announced an acquisition deal</a> with Boston Scientific (NYSE:<a href="https://investorplace.com/stock-quotes/bsx-stock-quote/">BSX</a>).



This deal has Boston Scientific agreeing to acquire shares of SILK stock for $27.50 each in cash. That&rsquo;s a 26.9% premium over the stock&rsquo;s previous closing price. It&rsquo;s also a 38% premium to the shares&rsquo; volume-weighted average share price over the last 60 days.



The acquisition offer from Boston Scientific also has a total value of $1.26 billion. It also has unanimous approval from the Silk Road Medical board of directors. For the record, the company&rsquo;s market capitalization is $1.062 billion.



Now the deal just needs approval from SILK shareholders regulators. If that goes well, the two companies expect the acquisition to close in the second half of 2024.



<h2>How This Affects SILK Stock Today</h2>



News of the acquisition brings with it heavy trading of SILK shares on Tuesday. This has more than 5.2 million shares changing hands as of this writing. That&rsquo;s well above its daily average trading volume of about 579,000 shares.



SILK stock is up 24.1% as of Tuesday morning! The stock is also up 120.7% since the start of the year.



There are plenty of other stock market stories traders will want to read about below!



InvestorPlace is home to all of the hottest stock market news for Tuesday! Among that is what has shares of Fisker&nbsp;(OTCMKTS:<a href="https://investorplace.com/stock-quotes/fsrn-stock-quote/">FSRN</a>), AMC Entertainment&nbsp;(NYSE:<a href="https://investorplace.com/stock-quotes/amc-stock-quote/">AMC</a>) and Quantum&nbsp;(NASDAQ:<a href="https://investorplace.com/stock-quotes/qmco-stock-quote/">QMCO</a>) stock on the move today. All of that info is ready at the following links!



<h2>More Tuesday Stock Market News</h2>



<ul><li><a href="https://investorplace.com/2024/06/fisker-stock-alert-fisker-files-for-ch-11-bankruptcy/">Fisker Stock Alert: Fisker Files for Ch. 11 Bankruptcy</a></li>



<li><a href="https://investorplace.com/2024/06/trade-of-the-day-take-a-short-term-gamble-on-amc-entertainment-amc-stock/">Trade of the Day: Take a Short-Term Gamble on AMC Entertainment (AMC) Stock</a></li>



<li><a href="https://investorplace.com/2024/06/why-is-quantum-qmco-stock-down-32-today/">Why Is Quantum (QMCO) Stock Down 32% Today?</a></li>
</ul>On the date of publication, William White did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the&nbsp;InvestorPlace.com&nbsp;<a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/" target="_blank">Publishing Guidelines</a>.
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	The post <a href="https://investorplace.com/2024/06/why-is-silk-road-medical-silk-stock-up-24-today/">Why Is Silk Road Medical (SILK) Stock Up 24% Today?</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

Why Is Silk Road Medical (SILK) Stock Up 24% Today?

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
Chegg&nbsp;(NYSE:<a href="https://investorplace.com/stock-quotes/chgg-stock-quote/">CHGG</a>) layoffs are a hot topic on Tuesday after the direct-to-student learning platform operator <a href="https://finance.yahoo.com/news/chegg-announces-restructuring-plan-vision-203500268.html">announced a restructuring plan</a>.



The Chegg&nbsp;layoffs will have the company cutting 23% of its global workforce. that comes to 441&nbsp;of its employees. It anticipates that this will result in annual savings between $40 million to $50 million by 2025.



As part of these layoffs, Chegg will be closing down two of its offices in the U.S. The company also expects to suffer charges of $10 million to $14 million connected to the closings and job cuts. It expects most of these charges to occur in the fourth quarter of 2024.



Chegg Chief Financial Officer David Longo said this about the layoffs.




&ldquo;This action today delivers on our promise to better align our expense base with our current revenue trends. For 2025, we remain committed to our goal of 30%+ Adjusted EBITDA margin, and we believe we can deliver at least $100 million in Free Cash Flow. We are also reiterating our previous second-quarter guidance that we provided on April 29, 2024.&rdquo;




<h2>What&rsquo;s Behind the Chegg Layoffs?</h2>



Chegg is cutting jobs as it is <a href="https://www.investing.com/news/stock-market-news/chegg-surges-20-in-afterhours-trade-announces-restructuring-plan-layoffs-3487802">experiencing increasing competition</a> from artificial intelligence (<a href="https://investorplace.com/stock-quotes/ai-stock-quote/">AI</a>) chatbots such as ChatGPT. The company previously warned that the rise in these AIs would harm its subscriber growth.



CHGG stock is up 15.7% as of Tuesday morning but is down 71.8% year-to-date.



Investors looking for more of the most recent stock market stories are in luck!



We have all of the hottest stock market news on Tuesday! A few examples include what&rsquo;s going on with shares of NextEra Energy&nbsp;(NYSE:<a href="https://investorplace.com/stock-quotes/nee-stock-quote/">NEE</a>), Silk Road Medical&nbsp;(NASDAQ:<a href="https://investorplace.com/stock-quotes/silk-stock-quote/">SILK</a>) and Fisker&nbsp;(OTCMKTS:<a href="https://investorplace.com/stock-quotes/fsrn-stock-quote/">FSRN</a>) stock today. All of that news is available at the links below!



<h2>More Stock Market News for Tuesday</h2>



<ul><li><a href="https://investorplace.com/2024/06/nee-stock-the-2-billion-reason-nextera-energy-is-stumbling-today/">NEE Stock: The $2 Billion Reason NextEra Energy Is Stumbling Today</a></li>



<li><a href="https://investorplace.com/2024/06/why-is-silk-road-medical-silk-stock-up-24-today/">Why Is Silk Road Medical (SILK) Stock Up 24% Today?</a></li>



<li><a href="https://investorplace.com/2024/06/fisker-stock-alert-fisker-files-for-ch-11-bankruptcy/">Fisker Stock Alert: Fisker Files for Ch. 11 Bankruptcy</a></li>
</ul>On the date of publication, William White did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the&nbsp;InvestorPlace.com&nbsp;<a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/" target="_blank">Publishing Guidelines</a>.
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	The post <a href="https://investorplace.com/2024/06/chegg-layoffs-2024-what-to-know-about-the-latest-chegg-job-cuts/">Chegg Layoffs 2024: What to Know About the Latest Chegg Job Cuts</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

Chegg Layoffs 2024: What to Know About the Latest Chegg Job Cuts

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
Fisker (OTCMKTS:<a href="https://investorplace.com/stock-quotes/fsrn-stock-quote/">FSRN</a>) stock is falling hard on Tuesday after the electric vehicle (EV) company <a href="https://finance.yahoo.com/news/fisker-group-inc-files-chapter-062400106.html">filed for Chapter 11 bankruptcy protection</a>.



Fisker notes that it is seeking discussions with financial stakeholders concerning debtor-in-possession financing as a result of its bankruptcy filing. The company is also considering the sale of its assets.



On top of this, Fisker says its manufacturing halt will remain in place throughout the bankruptcy. The company is also seeking permission to continue its reduced operations. That includes ongoing pay and benefits for employees, as well as maintaining customer programs and paying vendors.



A Fisker spokesperson said the following in the bankruptcy news release.




&ldquo;Like other companies in the electric vehicle industry, we have faced various market and macroeconomic headwinds that have impacted our ability to operate efficiently. After evaluating all options for our business, we determined that proceeding with a sale of our assets under Chapter 11 is the most viable path forward for the company.&rdquo;




<h2>What This Means for FSRN Stock</h2>



While Fisker has brought in Huron Consulting Group as its restructuring advisor, the fate of the company remains unclear. It has struggled since the launch of its first EV last year. On top of that, Fisker <a href="https://www.cnn.com/2024/06/18/investing/electric-car-maker-fisker-bankruptcy/index.html">ran into troubles</a> that didn&rsquo;t help the situation.



FSRN stock is down 54.5% as of Tuesday morning. This has the shares down 98.8% since the start of the year.



Investors will want to stick around for even more of the most recent stock market stories!



We have all of the latest stock market news worth reading about on Tuesday! Among that is what&rsquo;s going on with shares of Reliance Global&nbsp;(NASDAQ:<a href="https://investorplace.com/stock-quotes/reli-stock-quote/">RELI</a>) stock, Zyn&nbsp;online sales being suspended, and a Nvidia&nbsp;(NASDAQ:<a href="https://investorplace.com/stock-quotes/nvda-stock-quote/">NVDA</a>) lawsuit. You can catch up on all of this news by checking out the links below!



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</ul>On Penny Stocks and Low-Volume Stocks:&#8239;With only the rarest exceptions, InvestorPlace does not publish commentary about companies that have a market cap of less than $100 million or trade less than 100,000 shares each day. That&rsquo;s because these &ldquo;penny stocks&rdquo; are frequently the playground for scam artists and market manipulators. If we ever do publish commentary on a low-volume stock that may be affected by our commentary, we demand that&#8239;InvestorPlace.com&rsquo;s writers disclose this fact and warn readers of the risks.



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On the date of publication, William White did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the&nbsp;InvestorPlace.com&nbsp;<a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/" target="_blank">Publishing Guidelines</a>.
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	The post <a href="https://investorplace.com/2024/06/why-is-fisker-fsrn-stock-down-55-today/">Why Is Fisker (FSRN) Stock Down 55% Today?</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

Why Is Fisker (FSRN) Stock Down 55% Today?

Fisker bankruptcy weighs on SPAC-funded EV sector

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
After months of bad news and declining share prices, Fisker (OTCMKTS:<a href="https://investorplace.com/stock-quotes/fsrn-stock-quote/">FSRN</a>) may finally be approaching the end of the line. The electric vehicle (EV) producer recently <a href="https://investorplace.com/2024/06/fisker-stock-alert-fisker-files-for-ch-11-bankruptcy/">filed for Chapter 11 bankruptcy</a>, as reported in a company <a href="https://assets.ctfassets.net/cghen8gr8e1n/6W19OiEBJDVIFVEmo4feHA/df902c5cb2b067251a300efb0b35f611/Fisker-Filing-FINAL.pdf">filing</a> yesterday. Now, Fisker stock is falling fast on the news, currently down more than 50% for the day. These declines are likely to continue as the struggling company accelerates its race to the bottom.



After months of <a href="https://investorplace.com/2024/05/fisker-stock-magna-says-production-of-ocean-suvs-is-idle/">production setbacks</a> and significant <a href="https://investorplace.com/2024/06/fisker-stock-alert-ev-startup-defaults-on-3-5-million-loan/">financial problems</a>, among many other things, this news likely surprises no one. Back in May, InvestorPlace contributor Alex Sirois <a href="https://investorplace.com/2024/05/bankruptcy-blunders-3-stocks-to-dump-before-they-go-bust/">described</a> Fisker as &ldquo;of the most disappointing&nbsp;<a href="https://investorplace.com/industries/consumer-discretionary/automotive/electric-vehicles/">EV stocks</a>&nbsp;of the last few years.&rdquo;



Now that Fisker has officially opted for Chapter 11, investors are more aware than ever that the troubled automaker is careening toward a cliff. But what else should investor know about firm?



Let&rsquo;s take a look at just how bad things really are for Fisker.



<h2>Fisker Stock: What to Know</h2>



<ul><li>This bankruptcy filing follows news that Fisker has halted production on its Ocean SUV, its only current model.</li>



<li>Fisker&rsquo;s statement highlights that it is in &ldquo;advanced discussions with financial stakeholders regarding debtor-in-possession financing.&rdquo;</li>



<li>The company has also revealed that it is considering selling off its assets.</li>



<li>This isn&rsquo;t the first time a company called Fisker has filed for bankruptcy. CEO Henrik Fisker&rsquo;s previous endeavor, Fisker Automotive, <a href="https://www.bloomberg.com/news/articles/2013-11-22/fisker-files-for-bankruptcy-with-plan-to-sell-assets?sref=0N1JmzAH">opted for Chapter 11</a> in November 2013.</li>



<li>As InvestorPlace contributor William White reports, Fisker has <a href="https://investorplace.com/2024/06/why-is-fisker-fsrn-stock-down-55-today/">confirmed</a> that &ldquo;its manufacturing halt will remain in place throughout the bankruptcy.&rdquo;</li>



<li>CEO Henrik Fisker&nbsp;is<a href="https://investorplace.com/2024/06/dear-fisker-stock-fans-mark-your-calendars-for-june-20/"> scheduled to appear</a> at the Economic Times Autotech Summit on June 20. But with the bankruptcy news, the event is unlikely to do much for Fisker stock.</li>



<li>Several other microcap EV penny stocks are <a href="https://investorplace.com/2024/05/fisker-is-careening-toward-a-cliff-these-ev-stocks-could-follow-it-off/">poised to follow</a> Fisker&rsquo;s lead into bankruptcy, including Faraday Future Intelligent Electric (NASDAQ:<a href="https://investorplace.com/stock-quotes/ffie-stock-quote/">FFIE</a>) and Mullen Automotive (NASDAQ:<a href="https://investorplace.com/stock-quotes/muln-stock-quote/">MULN</a>).</li>
</ul>On Penny Stocks and Low-Volume Stocks:&#8239;With only the rarest exceptions,&nbsp;InvestorPlace&nbsp;does not publish commentary about companies that have a market cap of less than $100 million or trade less than 100,000 shares each day. That&rsquo;s because these &ldquo;penny stocks&rdquo; are frequently the playground for scam artists and market manipulators. If we ever do publish commentary on a low-volume stock that may be affected by our commentary, we demand that&#8239;InvestorPlace.com&rsquo;s&nbsp;writers disclose this fact and warn readers of the risks.&nbsp;



Read More:&#8239;<a href="https://investorplace.com/2014/05/fraud-penny-stocks-scams/">Penny Stocks &mdash;&nbsp;How to Profit Without Getting Scammed</a>



On the date of publication, Samuel O&rsquo;Brient&nbsp;did not hold (either directly or indirectly) any positions in the securities mentioned in this article.&nbsp;The opinions expressed in this article are those of the writer, subject to the&nbsp;InvestorPlace.com&nbsp;<a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/" target="_blank">Publishing Guidelines</a>. 
<div>Samuel O&rsquo;Brient is a Reporter for InvestorPlace, where his work focuses primarily on financial markets, global economic trends, and public policy. O&rsquo;Brient writes a weekly column on recent political news that investors should be following.</div><h3>More From InvestorPlace</h3>
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	The post <a href="https://investorplace.com/2024/06/fisker-stock-7-things-to-know-as-fisker-files-for-bankruptcy/">Fisker Stock: 7 Things to Know as Fisker Files for Bankruptcy</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

Fisker Stock: 7 Things to Know as Fisker Files for Bankruptcy

Fisker's U.S. units file for bankruptcy

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
Following the disastrous launch of its Ocean SUV, which resulted in a multitude of customer complaints, Fisker (OTCMKTS:<a href="https://investorplace.com/stock-quotes/fsrn-stock-quote/">FSRN</a>) has filed for <a href="https://assets.ctfassets.net/cghen8gr8e1n/6W19OiEBJDVIFVEmo4feHA/df902c5cb2b067251a300efb0b35f611/Fisker-Filing-FINAL.pdf">Chapter 11 bankruptcy protection</a>. The news shouldn&rsquo;t come as a major surprise, as Fisker was removed from the New York Stock Exchange earlier this year before <a href="https://d18rn0p25nwr6d.cloudfront.net/CIK-0001720990/28e28bf6-af02-49b7-8dfc-8cca40c768fd.pdf">defaulting</a> on its debt.



&ldquo;But like other companies in the electric vehicle industry, we have faced various market and macroeconomic headwinds that have impacted our ability to continue operating efficiently,&rdquo; said a Fisker spokesperson. Now, the company is holding advanced discussions with its stakeholders concerning possession financing.



However, Lucid (NASDAQ:<a href="https://investorplace.com/stock-quotes/lcid-stock-quote/">LCID</a>) seems to be taking advantage of Fisker&rsquo;s woes and the name of its flagship vehicle. According to Electrek, the pure-play EV company submitted a <a href="https://electrek.co/2024/06/19/lucid-ocean-fisker-bankrupt-ev-automaker-trademark-filing/">trademark filing</a> to the United States Patent and Trademark Office (USPTO) for the &ldquo;Lucid Ocean&rdquo; vehicle name.



<h2>LCID Stock: Lucid Motors Files for Ocean Trademark</h2>



Lucid has positioned its vehicle names with nature themes, such as its Air and upcoming Gravity SUV. At the same time, Lucid filing an Ocean trademark submission doesn&rsquo;t guarantee that a future vehicle will carry that name. 



Its past submissions include &ldquo;Air 1&rdquo; and &ldquo;Palos,&rdquo; while Lucid currently doesn&rsquo;t sell any vehicles with these names. Active submissions from the company include &ldquo;Earth,&rdquo; &ldquo;Earth Dream Edition,&rdquo; and &ldquo;Air Cross.&rdquo;



&ldquo;While the application awaits examination, it&rsquo;s important to point out that this filing could just be Lucid covering all of its bases on the potential nomenclature of new models,&rdquo; wrote Electrek. &ldquo;There&rsquo;s a very strong chance we will never see a BEV from Lucid called the Ocean.&rdquo;



So, while the Ocean name certainly fits with Lucid&rsquo;s narrative, it&rsquo;s likely that the company is just snatching up potential names before it makes a final decision. 



As of now, the company has plans for a new mid-size SUV launch in 2026 in the $50,000 range. Production of the vehicle, which doesn&rsquo;t have a publicized name yet, is planned for late 2026. Furthermore, the vehicle will be built at Lucid&rsquo;s AMP-2 factory in Saudi Arabia.



On the date of publication, Eddie Pan did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com&nbsp;<a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/">Publishing Guidelines</a>.
<div>Eddie Pan specializes in institutional investments and insider activity. He writes for InvestorPlace&rsquo;s Today&rsquo;s Market team, which centers on the latest news involving popular stocks.</div><h3>More From InvestorPlace</h3>
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	The post <a href="https://investorplace.com/2024/06/lcid-stock-alert-lucid-motors-files-for-ocean-trademark/">LCID Stock Alert: Lucid Motors Files for Ocean Trademark</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

LCID Stock Alert: Lucid Motors Files for Ocean Trademark

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Last week, Fisker&rsquo;s (OTCMKTS:<a href="https://investorplace.com/stock-quotes/fsrn-stock-quote/">FSRN</a>) operating subsidiary, Fisker Group, announced that it had filed for <a href="https://www.businesswire.com/news/home/20240617048760/en/Fisker-Group-Inc.-Files-for-Chapter-11">Chapter 11 bankruptcy protection</a>, sending FSRN stock plummeting lower.



The announcement wasn&rsquo;t all too surprising, as it followed a going concern warning, a delisting from the New York Stock Exchange and the botched debut of the Ocean electric vehicle (EV) laden with software issues and user complaints. The company had also <a href="https://www.reuters.com/business/autos-transportation/nissan-fisker-advanced-talks-investment-partnership-sources-2024-03-01/">tried to partner</a> with a legacy automaker rumored to be Nissan (OTCMKTS:<a href="https://investorplace.com/stock-quotes/nsany-stock-quote/">NSANY</a>), to no avail.



Fisker noted that it was in advanced discussions with its stakeholders involving asset sales and debtor-in-possession financing while its production would remain halted.



Last Friday, Fisker attorney Brian Resnick <a href="https://www.reuters.com/business/autos-transportation/fisker-heads-toward-liquidation-creditors-fight-over-assets-2024-06-21/">informed</a> U.S. Bankruptcy Judge Thomas Horan that the company planned on liquidating all of its assets. Fisker has also reached a &ldquo;tentative deal&rdquo; with a single, undisclosed buyer for all of its 4,300 vehicles, according to Reuters.



<h2>Fisker Stock: Fisker Reaches &lsquo;Tentative Deal&rsquo; to Sell 4,300 Vehicles</h2>



As is usual with bankruptcy proceedings, there&rsquo;s also drama between the stakeholders. Fisker owes &ldquo;over $850 million to two groups of bondholders,&rdquo; with attorneys from the larger group accusing Heights Capital Management of unfairly taking control of the company&rsquo;s debt last November.



&ldquo;At the time, Fisker was late in providing audited financial statements due under its debt agreements, and Heights used that &lsquo;minor, technical default&rsquo; to claim all of Fisker&rsquo;s assets as collateral on its bonds, Alex Lees, an attorney for other bondholders, said,&rdquo; wrote Reuters.



Lees believes that Fisker should have filed for bankruptcy in November and will challenge the agreement that provides Heights with payment priority. Meanwhile, Heights Capital attorney Scott Greissman has responded by claiming that Fisker&rsquo;s sale of 4,300 vehicles would only cover a &ldquo;fraction&rdquo; of the firm&rsquo;s $185 million in Fisker debt.



Additionally, Linda Richenderfer, an attorney for the U.S. Trustee Program &mdash; a U.S. Department of Justice bankruptcy watchdog &mdash; believes that Fisker&rsquo;s bankruptcy will convert to Chapter 7 &ldquo;once the vehicle fleet is sold.&rdquo; This is attributed to the amount of power that Heights has over the company. Chapter 7 is considered a liquidation bankruptcy while Chapter 11 is considered a reorganization bankruptcy.



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On the date of publication, Eddie Pan did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com&nbsp;<a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/">Publishing Guidelines</a>.
<div>Eddie Pan specializes in institutional investments and insider activity. He writes for InvestorPlace&rsquo;s Today&rsquo;s Market team, which centers on the latest news involving popular stocks.</div><h3>More From InvestorPlace</h3>
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	The post <a href="https://investorplace.com/2024/06/fisker-stock-alert-troubled-ev-maker-fisker-appears-headed-for-liquidation/">Fisker Stock Alert: Troubled EV Maker Fisker Appears Headed for Liquidation</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

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