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-0.000654129190515055 0 -0.0040883074407196 -0.0040883074407196 -0.0040883074407196 -0.00654129190515127 -0.00304170073589537 -0.00490596892886349
Stock impact report

Fisker: Finally Going On The Offensive (Rating Upgrade) [Seeking Alpha]

Lucid Group, Inc. (LCID) 
Company Research Source: Seeking Alpha
The company is aggressively expanding into Europe, with deliveries already starting in Denmark and Germany, and plans to launch in Belgium, the Netherlands, and Switzerland in the near term. FSR's revenue base has quadrupled from Q1 to Q2 but is still relatively low compared to other EV manufacturers. Massive revenue ramp is set to take place if Fisker can ramp up Ocean Fisker production successfully. Electric vehicle start-up Fisker ( NYSE: FSR ) has made a couple of important announcements lately that affect its delivery ramp in Europe. The company is aggressively entering new markets and is seeking to establish a wide-ranging service network in Europe. Recent announcements about the company's expansion in Europe, however, were overshadowed by Fisker lowering its production outlook for FY 2023 again as a key supplier requires more time to prepare for Fisker's expected production ramp in the second half of FY 2023. However, I believe the risk profile has improved and shares lo Show less Read more
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