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An Analysis of Fisker’s Soaring Stock & Other Notable Movers in Friday’s Mid-Day Session

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Fisker Inc. experienced a remarkable surge in their shares on Friday, following the release of their December 2023 business update.

The company accomplished an outstanding 300% growth in deliveries from Q3 to Q4. Their total deliveries reached approximately 4,700 vehicles, with the majority being the Fisker Ocean One launch edition vehicles priced at $68,999. In 2023, Fisker successfully produced 10,142 Fisker Oceans and delivered around 4,700 vehicles.

On Friday, Fisker shares skyrocketed by 20.8% to $1.8250.

Here’s a look at other stocks making significant moves in the mid-day session on Friday.

Eye-Catching Gainers

  • China SXT Pharmaceuticals, Inc. SXTC witnessed a phenomenal rise of 132.6% to $4.8150.
  • Aditxt, Inc. ADTX observed a substantial climb of 73.4% to $8.36, following its recent definitive agreement to acquire Evofem Biosciences, Inc.
  • China Green Agriculture, Inc. CGA surged by 68.3% to $3.1982, subsequent to its stock purchase agreement with Zhibiao Pan for the acquisition of all outstanding stock of Lonestar Dream for a total consideration of $49 million on December 27.

Notable Losers

  • Global Mofy Metaverse Limited GMM encountered a sharp decline of 37.2% to $7.00 after announcing a $10 million follow-on offering.
  • Ucommune International Ltd UK plummeted by 26.1% to $3.85, despite its over 71% surge on Thursday, following its recent compliance with Nasdaq minimum bid price requirement.

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