Why Is Faraday Future (FFIE) Stock Up 380% Today?
Faraday Future(FFIE) InvestorPlace·2024-05-14 19:16
Shares of Faraday Future (NASDAQ:FFIE) look like a runaway train right now. At the time of writing, FFIE stock is up more than 380%. When I started writing this, that number was closer to 270%. Faraday Future is clearly becoming a short squeeze candidate that investors are watching very closely.Much of today’s price action has to do with similar moves in other highly shorted names — and in original, beloved meme stocks. This is all thanks to a post on X by Keith Gill, also known as Roaring Kitty, one of the ...