Streetbeat News

FFIE

Faraday Future Intelligent Electric Inc.

https://www.ff.com

Industry

Auto - Manufacturers

Faraday Future Intelligent Electric Inc. engages in the design, development, manufacture, engineering, sale, and distribution of electric vehicles and related products in the United States and internationally. The company was incorporated in 2014 and is headquartered in Gardena, California.

Open

1.32

Mkt cap

106M

Volume

4.1M

High

1.45

P/E Ratio

0.00

52-wk high

156.00

Low

1.28

Div yield

N/A

52-wk low

0.99

This week saw significant developments in the EV sector, with Tesla's mixed earnings report leading to a stock drop, Rivian's CEO discussing the new R2 platform, GM scaling back its EV goals, Xiaomi ramping up EV production, and Lucid securing a battery material deal. The KraneShares Electric Vehicles and Future Mobility Index ETF also saw a decline.

Portfolio Pulse from Shanthi Rexaline

July 27, 2024 | 3:43 pm

The EV sector experienced a significant downturn this week, influenced by broader market trends and specific company developments. Tesla raised prices for its Model S and Model X, while Ford shifted its EV production plans. Hyzon Motors saw a sharp decline due to a stock offering, and BYD expanded its dealership network in Vietnam. Additionally, Donald Trump announced plans to end the EV mandate if elected, which could impact the industry.

Portfolio Pulse from Shanthi Rexaline

July 20, 2024 | 3:22 pm

The article highlights key events in the electric vehicle (EV) sector for the week ending July 5, with notable advancements for Tesla, Rivian, Canoo, Ford, and Nio. Tesla's stock surged due to better-than-expected deliveries, while Rivian exceeded its delivery forecast. Canoo secured new orders, and Ford reported strong Q2 EV sales. Nio's CFO announced his departure.

Portfolio Pulse from Shanthi Rexaline

July 06, 2024 | 3:13 pm

The article lists the top 10 most-searched tickers on Benzinga Pro for June 2024, highlighting Nvidia, GameStop, SPDR S&P 500 ETF Trust, Tesla, and Apple among others. Nvidia regained the top spot, while GameStop saw a surge in interest. Newcomers MicroAlgo and Actelis Networks also made the top 10.

Portfolio Pulse from Chris Katje

July 01, 2024 | 4:12 pm

The electric vehicle (EV) sector saw significant developments this week, including Tesla's upcoming Q2 deliveries, Rivian's partnership with Volkswagen, and Nikola's deal with Walmart Canada. Tesla's delivery numbers are anticipated with mixed expectations, Rivian's stock surged on a financing deal, and Nikola delivered its hydrogen fuel-cell trucks to Walmart Canada. Other notable mentions include BYD's new plant in Uzbekistan and Ford's plans for a low-cost EV.

Portfolio Pulse from Shanthi Rexaline

June 29, 2024 | 1:48 pm

Faraday Future Intelligent Electric Co. (NASDAQ:FFIE) shows bullish short-term technical signals despite a significant decline over the past year. The stock is trading above key moving averages and Bollinger Bands suggest potential gains. However, long-term indicators remain cautious. The company is addressing Nasdaq compliance issues through strategic moves like proposing a reverse stock split and appointing a new auditor.

Portfolio Pulse from Surbhi Jain

June 28, 2024 | 12:57 pm

Faraday Future Intelligent Electric (FFIE) has announced that Nasdaq has approved the continued listing of its stock, subject to certain compliance deadlines.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2024 | 8:32 pm

Faraday Future Intelligent Electric shares are trading higher following the announcement of a reverse stock split.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 7:53 pm

Faraday Future Intelligent Electric shares are trading lower after the company announced plans to regain Nasdaq compliance by effecting a reverse stock split that ranges between 1-for-2 and 1-for-40.

Portfolio Pulse from Benzinga Newsdesk

June 25, 2024 | 11:47 am

Faraday Future Intelligent Electric Inc. (NASDAQ:FFIE) shares are slumping in the premarket session following the announcement of a reverse stock split proposal. The company aims to regain compliance with Nasdaq's listing requirements after receiving deficiency notices due to its stock price falling below the minimum bid price and delayed filings. Faraday Future has also appointed a new independent auditor, Macias Gini & O’Connell LLP, to replace Mazars USA LLP.

Portfolio Pulse from Nabaparna Bhattacharya

June 25, 2024 | 10:23 am

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