CNN —Electric vehicle company Fisker’s stock plunged more than 40% in after-hours trading on Wednesday as investor concern about the company’s ability to stay in business intensified.
The Ocean is built in Austria by Magna, a company that has also built vehicles for Mercedes-Benz, BMW and Jaguar.
Brownlee’s video has racked up more than 4.5 million views so far and sent the stock plunging after its release.
Fisker’s stock was trading at 32 cents a share at the close of trading Wednesday, a more than 80% decline since the start of 2024.
Fisker is founder Henrik Fisker’s second car company.
Persons:
Fisker, Marques Brownlee, madeh, ”, Henrik Fisker’s, Hurricane Sandy
Organizations:
CNN —, Wall Street, Magna, Mercedes, Benz, BMW, YouTube, Fisker Automotive, Hurricane
Locations:
Austria, American