---
title: "Fisker Stock Drops After Hours: Here's Why"
description: "Fisker Inc. shares are falling after hours following a report suggesting the company is preparing for a possible bankruptcy filing. The company has hired restructuring advisers and previously issued a"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/109884607.md"
published_at: "2024-03-13T21:14:18.000Z"
---

# Fisker Stock Drops After Hours: Here's Why

> Fisker Inc. shares are falling after hours following a report suggesting the company is preparing for a possible bankruptcy filing. The company has hired restructuring advisers and previously issued a going-concern warning and a workforce reduction. Fisker's stock is down 47.25% after hours at 17 cents.

**Fisker Inc.** (NYSE:FSR) shares are falling after hours Wednesday following the Wall Street Journal report suggesting the company is preparing for a possible bankruptcy filing.

**The Details:** According to the report, Fisker is considering a potential bankruptcy filing and has hired restructuring advisers to assist.

Fisker previously issued a going-concern warning and a 15% workforce reduction as it struggled to remain afloat amid worse-than-expected losses and debt of over $1 billion.

Most recently, popular tech YouTuber **Marques Brownlee** reviewed **Fisker’s Ocean SUV** and dubbed it the worst car he has ever reviewed in a video two weeks ago.

A Fisker spokesperson told **Benzinga** that the issues pointed out by Brownlee were confined to early-build vehicles which it is attempting to address.

“As adoption grows and the number of drivers and miles driven increases, our innovations are tested under a wider range of conditions that reveal ways we can improve," the spokesperson said.

**FSR Price Action:** According to Benzinga Pro, Fisker shares are down 47.25% after hours at 17 cents at the time of publication Wednesday.

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*Photo: Courtesy of Fisker, Inc.*

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.
