As Fisker (NYSE:FSR) and other electric car start-ups get closer to market, the risk in FSR stock becomes real. It’s one thing to bet on the paper of promises, something else to bet on a company building cars.
Speculators began abandoning electric car start-ups in mid-February. FSR stock was just one of the casualties. FSR stock opens for trade April 26 at about $14 per share, a market cap of $4.39 billion.