FSR - Fisker Stock Is Rising Monday: What's Going On? | Benzinga
Fisker Inc (NYSE:FSR) shares are trading higher Monday. The stock appears to be moving higher after the company reached new agreements with a 2025 convertible notes investor.
What Happened: In a new regulatory filing, Fisker said it reduced its outstanding debt under its 2025 convertible notes by $185.5 million after an investor converted a portion of 2025 notes to equity.
Fisker’s outstanding debt under its 2025 convertible notes was reduced from ...