EV enterprise Fisker (FSRN) has filed for Chapter 11 insolvency, listing between $500 million to $1 billion of holdings and $100 million to $500 million of debts. The New York Stock Exchange (NYSE) delisted Fisker in March over its “abnormally low” stock price.
Yahoo financial’s Morning Brief team reports on FIsker’s filing and the inherently competitive nature of the electric vehicle landscape.
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