FFIE Stock: Faraday Preps to Split Its Brand Between the U.S. and China
FFIEFaraday Future(FFIE) Investor Place·2024-05-30 23:29

Shares of Faraday Future (NASDAQ:FFIE) fell by 62% yesterday, marking the stock’s largest-ever one-day decline. The struggling electric vehicle (EV) company recently made a slew of announcements, although none of them seemed to reassure shareholders. And despite a 37% bump up in price today, FFIE stock is still down about 50% over the past five days.Faraday seems to be changing up its strategy, as it provided preliminary details concerning its U.S.-China Automotive Industry Bridge Strategy, with more detail ...