Faraday Future (FFIE, Financial) experienced a notable stock movement with a 5.10% increase in its share price, reaching $1.55. The trading volume hit 5.20982 million shares, with a turnover rate of 11.49% and a price fluctuation of 9.39%.
Recent financial reports indicate that Faraday Future posted a revenue of $9,000 and a net loss of $77.69 million, translating to an earnings per share (EPS) of -$5.05. The company recorded a gross profit of -$21.44 million, with a price-to-earnings (P/E) ratio of 0.00. Currently, there are no institutional ratings suggesting a "buy," "hold," or "sell" for the stock.
Within the automotive manufacturing sector, which saw an overall decline of 0.26%, other stocks like Mullen Automotive, Inc., Ecd Automotive Design, Inc., and Zapp Electric Vehicles Group Limited showed significant gains. Mullen Automotive, Inc., Workhorse Group, Inc., and Faraday Future were notably active with turnover rates of 31.16%, 19.52%, and 11.52% respectively. Stocks with high price fluctuations included Mullen Automotive, Inc., Srivaru Holding Limited C/Wts 08/12/2028(To Pur Com), and Srivaru Holding Limited, with fluctuations of 27.81%, 21.43%, and 19.29% respectively.
Faraday Future Intelligent Electric Inc is a company focused on creating a global shared intelligent mobility ecosystem. It aims to integrate new energy, artificial intelligence, the internet, and shared services to innovate across the internet, IT, creative, and automotive industries.
