BUZZ-Fisker hits record-low after chief accounting officer resigns

Reuters2023-11-22

** Shares of EV firm Fisker fall 9.4% to $2.13, hitting an all-time low

** FSR's chief accounting officer Florus Beuting resigns within two weeks of being appointed to the role

** Separately, FSR receives notice from the New York Stock Exchange for late filing of its 10Q

** BofA Global Research moves the FSR stock to "under review" and says investors should no longer rely upon its previously published reports or price objectives on the stock

** "Recent events... give us less confidence in the company's financials and, subsequently, our earnings forecasts," the brokerage says in a note

** Other EV stocks also down; Faraday Future , Blink Charging , Rivian Automotive , Lucid Canoo down between 5% and 10%

** FSR is down 71% YTD

(Reporting by Pranav Kashyap in Bengaluru)

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