Trade of the Day: The Faraday Future (FFIE) Stock Chart Warns of Big Trouble Ahead
FFIEFaraday Future(FFIE) Investor Place·2024-06-04 19:43

It’s difficult to identify an electric vehicle firm that’s more troubled than Faraday Future (NASDAQ:FFIE). Billed as a premium brand in the clean mobility space, it’s fair to say that FFIE stock hasn’t followed the anticipated trajectory.During the past 52 weeks, shares lost slightly more than 99% of equity value. On an adjusted basis per Google Finance, FFIE stock traded hands at $65.30 one year ago. As early as May 9, the security had stumbled to 4 cents per share. Ordinarily, that would have been it. Fo ...