Faraday Future(FFIE)

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The 5 Biggest Buyers of Faraday Future (FFIE) Stock
InvestorPlace· 2024-05-15 19:17
Faraday Future (NASDAQ:FFIE) stock is accelerating higher in timely fashion as the electric vehicle (EV) producer tries to escape delisting from the Nasdaq. It’s not exactly clear what’s behind the surge, as the company has not disclosed any material announcements during the past week. Others have pointed to the meme stock rally in stocks like AMC Entertainment (NYSE:AMC) and GameStop (NYSE:GME) as the cause, or a short squeeze.On April 24, Nasdaq informed Faraday that it had determined to delist its shares ...
Faraday Future (FFIE) Stock Adds Another 100% in Giant Short Squeeze Rally
InvestorPlace· 2024-05-15 13:43
Faraday Future (NASDAQ:FFIE), a struggling electric vehicle (EV) maker, has joined the meme stock parade.It doesn’t have the money to make cars, but with 95% of the stock being held short, it’s a perfect candidate for a short squeeze. That’s what meme stock trades are all about.Small traders sent shares up 367% on May 14 to squeeze out Faraday shorts. The stock doubled again overnight. Just don’t get too excited about the underlying business. At its opening price this morning of 54 cents, it’s still worth u ...
Why Is Faraday Future (FFIE) Stock Up 380% Today?
InvestorPlace· 2024-05-14 19:16
Core Viewpoint - Faraday Future (NASDAQ:FFIE) shares have surged over 380%, driven by high short interest and retail investor activity reminiscent of the 2021 meme stock frenzy [1][2]. Group 1: Stock Performance - FFIE stock is currently up more than 380%, with earlier increases around 270% [1]. - The stock's price movement is influenced by similar trends in other highly shorted stocks and meme stocks like GameStop and AMC [1]. Group 2: Short Interest and Investor Behavior - Approximately 95% of FFIE's stock float is sold short, leading to limited shares available for trading and significant price volatility [2]. - Retail investors are actively participating in the market, creating challenges for short sellers, similar to the dynamics observed in early 2021 [2]. Group 3: Company Financial Health - Faraday Future is facing severe financial difficulties, prompting efforts to raise funding and avoid eviction from its Los Angeles headquarters [2].
Is a Giant Short Squeeze Brewing in Faraday Future (FFIE) Stock?
InvestorPlace· 2024-05-14 15:25
Faraday Future (NASDAQ:FFIE) stock is rising higher on Tuesday as investors wonder if a massive short squeeze is coming for the electric vehicle (EV) company’s shares.Investors will note that FFIE’s short interest is sitting at 36,342,623 shares. That represents 95.33% of the company’s float. This makes it a prime target for a short squeeze.One reason that could be happening is the recent meme stock rally. This has several shares that were shortsqueezed in 2021 taking off recently. This is thanks to the ret ...
3 EV Stocks Nearing Bankruptcy: Time to Cut Your Losses
InvestorPlace· 2024-05-09 14:10
Bankruptcy is a risk for any individual or corporation that has a relationship with a bank. That is to say, no one is safe from the crushing weight of accumulating debt. However, in the case of publicly traded companies, the effects of corporate bankruptcy trickle down directly to investors. That’s because by investing, you take on a portion of the company’s financial risk, not just its profits. Nowhere is the risk of bankruptcy more prevalent than in that of fledgling electric vehicle (EV) companies, which ...
3 EV Stocks to Sell on the Brink of Bankruptcy Like Fisker
InvestorPlace· 2024-05-07 18:12
For the past few weeks, investors have been considering an important question: Is Fisker (OTCMKTS:FSRN) on the brink of collapse?Fisker stock has been highly volatile since being delisted from the New York Stock Exchange. While positive speculation promoted by dealer partnerships has helped FSRN surge, shares have only fallen back down just as quickly. The company’s CEO has claimed Fisker is currently in talks with several potential buyers, but there has been no word as to whether a deal is moving forward. ...
Unload These 3 EV Stock Nightmares to Swerve Steeper Losses
InvestorPlace· 2024-04-28 16:07
The road to full electrification still has a long way to go. The EV market has struggled since last year, and some companies have been forced to close their shops. The declining demand for EVs has created an ever-increasing list of EV stock nightmares to avoid. That’s why I looked at which companies are posing a threat of further losses.I examined three companies involved in electric vehicle production, struggling to meet obligations based on their current ratio. To come up with the list, I screened for the ...
Faraday Future avoids eviction at its LA headquarters, for now
TechCrunch· 2024-04-03 21:18
Faraday Future has avoided getting evicted from its Los Angeles headquarters — for the time being.The troubled EV startup reached an agreement April 2 with its landlord, Rexford Industrial, to stay in the building as long as it met a few conditions. If the startup violates any of the terms, Rexford has the right to trigger a 48-hour demand for payment and can boot Faraday Future if it doesn’t pay up. If Faraday Future makes its payments, it can stay in the building until September 2025 when the lease expire ...
Faraday Future, Canoo (GOEV), Nikola short squeeze intensifies
Invezz· 2024-03-22 09:29
Faraday Future (NASDAQ: FFIE), Canoo (GOEV), and Nikola (NKLA) stock prices continued their short-squeeze this week even as concerns about the EV industry intensified. Nikola jumped to $0.6574, 11% above its lowest level this month.Faraday Future share price surged by more than 48% on Thursday and continued its uptrend in the extended hours. It soared by over 5% in the post-market session and soared to its highest point since March 8th of this year. Canoo, on the other hand, soared to $4.8, its highest leve ...
Avoid the Carnage: 3 EV Stocks That Belong in a Crash Site
InvestorPlace· 2024-03-08 18:32
I often note that the ongoing downturn in the EV market could present a strong buying opportunity for aggressive investors. However, that sentiment doesn’t apply to all EV stocks. Not all EV companies are created equal, and some huge discrepancies make certain EV stocks worth steering clear of. The only position you’d want in these stocks is a short position, and even that might be risky, given the immense volatility of this space. You’ll almost always lose money investing in these stocks because these busi ...