Fisker is an American-based all-electric car manufacturer. Founded in 2007, the firm manufactures sedans and SUVs along with completing research on solid-state batteries, having filed several patents for the technology.
Step 1: Open up a brokerage account.
Open a brokerage account with any firm on the list below. These brokers help you access the market, ensure that you can complete trades quickly and set up the most appropriate orders for the situation. Choose the broker that you believe is the most cost-effective and gives you the most options.
Step 2: Select your number of shares.
The shares you purchase should add to your portfolio without overwhelming your portfolio. Set a budget that allows you to invest in FSR at a moderate level, don’t overspend and adjust your investments based on the stock’s performance.
Step 3: Choose an order type.
The order type simply determines how the broker should complete the order. Common order types include:
Market orders buy and sell at the current price
Stop-loss orders sell before the price drops too much, but stop-limit orders sell before a high price begins to fall
Immediate or cancel orders must be completed or canceled right away (useful for stocks with prices that shift wildly.)
Step 4: Execute your trade.
Click a button and allow your trade to complete as instructed. Check your dashboard. Ensure that you have cash for your next investment, review your position and research your next move on the stock market.
Try Benzinga Pro when you are ready to invest in Fisker—an innovative all-electric car brand. Using YTD information like this helps you make informed decisions, diversify your investments and build wealth.
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