EV maker Fisker (FSR) could be reporting for bankruptcy soon, according to the Wall Street Journal. This is a penny stock trading at $0.16. This is a company that's very early in this stage of development here. When you've got a stock trading at $0.16 a share, you're looking at a loss of about 50%. That's a record-setting drop here for Fisker stock.

Source: Wall Street Journal March 14, 2024 16:49 UTC