Faraday Future Intelligent Electric Inc Share News

The electric vehicle industry has been struggling, and it is easy to argue that most EV stocks are worth selling at this point. Rate cuts are unlikely to be fast enough, barring a recession, which would be even worse for EVs.

It doesn't seem Faraday Future Intelligent Electric (NASDAQ: FFIE ) has long for this world. Faraday Future stock is down to 35 cents, revenue remains negligible and losses extend for as far as the eye can see.

NEW YORK , June 25, 2024 /PRNewswire/ -- Levi & Korsinsky announces that it has commenced an investigation of Faraday Future Intelligent Electric, Inc. (NYSE: FFIE) concerning possible breaches of fiduciary duty. To obtain additional information, go to: https://zlk.com/compensation2/faraday-future-intelligent-electric-inc-lawsuit-submission-form    or contact Joseph E.

Faraday Future (NASDAQ: FFIE ) stock is plunging lower after the electric vehicle (EV) company proposed a reverse stock split of between 1-for-2 to 1-for-40 in order to regain compliance with Nasdaq's minimum bid requirement. Faraday added that it would not pursue a reverse split if its shares could regain compliance naturally.

Faraday Future (NASDAQ: FFIE ) stock is falling hard on Tuesday after the electric vehicle (EV) company announced plans to regain compliance with Nasdaq Exchange listing rules. The biggest blow to FFIE stock comes from the EV company's plans for a reverse stock split.

The Faraday Future (NASDAQ: FFIE) stock price has tumbled as I predicted last week. It plunged by over 17% on Monday's regular session followed by a 20% plunge during the pre-market session.

LOS ANGELES--(BUSINESS WIRE)--Faraday Future Intelligent Electric Inc. (Nasdaq: FFIE) (“FF”, “Faraday Future”, or “Company”), a California-based global shared intelligent electric mobility ecosystem company, today announced that its Board of Directors (the “Board”) has approved a proposal, among other proposals, to be submitted to stockholders for approval at the upcoming annual meeting of stoc...

LOS ANGELES--(BUSINESS WIRE)--Faraday Future Intelligent Electric Inc. (“Faraday Future,” “FF” or the “Company”) (NASDAQ: FFIE), a California-based global shared intelligent electric mobility ecosystem company, today announced the appointment of Macias Gini & O'Connell LLP (“MGO”) as its independent auditor. MGO succeeds Mazars USA LLP, which was the Company's independent registered public acco...