Faraday Future (FFIE) Stock Pops 10% in Renewed Roaring Kitty Rally
FFIEFaraday Future(FFIE) Investor Place·2024-06-04 02:53

Over the weekend, Keith Gill — who goes by the online moniker Roaring Kitty — shared a screenshot of a major speculative position. As detailed by InvestorPlace contributor Dana Blankenhorn, Gill’s action sparked a rally in traditional meme stocks. Subsequently, embattled electric vehicle manufacturer Faraday Future (NASDAQ:FFIE) shot higher on speculation that FFIE stock could enjoy downwind benefits.Gill is known for spearheading the concept of meme stocks, which involves organically coordinated trading on ...