Diamonds and Dogs

9/26/23

EV maker, Fisker (FSR) is jumping 15% after the company announced they would ramp up production and deliver 300 vehicles a day later this year. They also went on to say that they have built 5,000 Fisker Ocean SUVs. Fisker resumed with a Buy at Bank of American with a $8 price target.

United Natural Foods (UNFI) is down over 20% following earnings. The organic and natural foods distributor to Whole Foods and Amazon actually beat as revenue rose 2.0% to $7.42 billion. However, going forward, the company lowered guidance significantly expecting a loss for next year while also lowering sales guidance.

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