FFIE Stock: Faraday Future Continues to Wait for Nasdaq Delisting Hearing
FFIEFaraday Future(FFIE) investorplace.com·2024-05-29 23:22

Shares of Faraday Future (NASDAQ:FFIE) are plunging lower and back below $1 after the electric vehicle (EV) company provided an update on its Nasdaq delisting determination situation and reported its fourth- quarter earnings and 2023 Form 10-K. On April 24, Nasdaq informed Faraday that it was in noncompliance with continued listing standards due to FFIE stock having a closing price of 10 cents or less for 10 consecutive trading days. Nasdaq also informed Faraday that it was subject to a delisting determinat ...