Fisker on verge of bankruptcy as FSR stock falls by 40%

The electric vehicle (EV) industry has encountered significant challenges over the past year and into the beginning of this one. It appears that one company has reached its breaking point. Reports of Fisker (NYSE: FSR) preparing to declare bankruptcy have caused FSR stock to plummet by 40%.FSR stock 24-hour price chart. Source: Google FinanceSpecifically, it appears that Fisker had enlisted restructuring advisors to explore the possibility of filing for bankruptcy, as per the Wall Street Journal. Although F ...