Fisker Set To Join Russell 3000 Index

Electric vehicle maker, Fisker Inc FSR, is set to join the broad-market Russell 3000 Index.
The addition will be effective after the U.S. market opens on June 28, 2021, according to a preliminary list of additions posted on June 18.
“Fisker has the right strategy to design, develop, produce and deliver innovative electric vehicles for a rapidly expanding global market in a capital-efficient way,” said Henrik Fisker, Chief Executive Officer.
The company plans to launch at least four new vehicles into the market before 2025.
Price action: FSR shares are trading lower by 0.86% at $17.36 on the last check Tuesday.

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