Fisker stock bounces, after deal to deliver 700 EVs to U.K.-based Onto

Dow Jones2021-05-18

MW Fisker stock bounces, after deal to deliver 700 EVs to U.K.-based Onto

Fisker Inc. (FSR) announced Tuesday an agreement to deliver up to 700 of its electric vehicles $(EV)$ to Onto, the U.K.-based EV subscription service. The announcement comes after Fisker reported late Monday a wider first-quarter loss have declined 27.1%. The S&P 500 has gained 6.4% over the past three months.

-Tomi Kilgore; 415-439-6400; AskNewswires@dowjones.com

 

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May 18, 2021 09:41 ET (13:41 GMT)

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