The Clock Is Ticking for Faraday Future (FFIE) Stock to Regain Listing Compliance
FFIEFaraday Future(FFIE) investorplace.com·2024-05-25 02:51

One of the most pronounced beneficiaries of the meme trading phenomenon, electric vehicle manufacturer Faraday Future (NASDAQ:FFIE) saw its shares soar around 2,200% in the trailing month. However, prior to the surge, FFIE stock had traded well below the minimum price requirement to stay listed. While Faraday enjoys demand from bullish speculators, that may not be enough to overcome current challenges.At the end of December 2023, Faraday announced that it received a letter from the Nasdaq that stated FFIE s ...